law: Companies Act, 2013 
  Chapter
  
  XIV
  Inspection,
  
  Inquiry and Investigation
  206.
  
    Power
  
  to call for information, inspect books and conduct inquiries.
  1.      Where on a scrutiny
  
  of any document filed by a company or on any information received by him, the
  
  Registrar is of the opinion that any further information or explanation or any
  
  further documents relating to the company is necessary, he may by a written
  
  notice require the company—
  a.     
  
    to
  
  furnish in writing such information or explanation; or
  b.    
  
    to
  
  produce such documents, within such reasonable time, as may be specified in the
  
  notice.
  2.      On the receipt of a
  
  notice under sub-section (1 ), it shall be the duty of the company and of
  
  its officers concerned to furnish such information or explanation to the best
  
  of their knowledge and power and to produce the documents to the Registrar
  
  within the time specified or extended by the Registrar:
  Provided
  
  that where such information or explanation relates to any past period, the
  
  officers who had been in the employment of the company for such period, if so
  
  called upon by the Registrar through a notice served on them in writing, shall
  
  also furnish such information or explanation to the best of their knowledge.
  3.      If no information or
  
  explanation is furnished to the Registrar within the time specified under
  
  sub-section (1 ) or if the Registrar on an examination of the documents
  
  furnished is of the opinion that the information or explanation furnished is
  
  inadequate or if the Registrar is satisfied on a scrutiny of the documents
  
  furnished that an unsatisfactory state of affairs exists in the company and
  
  does not disclose a full and fair statement of the information required, he
  
  may, by another written notice, call on the company to produce for his
  
  inspection such further books of account, books, papers and explanations as he
  
  may require at such place and at such time as he may specify in the notice:
  Provided
  
  that before any notice is served under this sub-section, the Registrar shall
  
  record his reasons in writing for issuing such notice.
  4.      If the Registrar is
  
  satisfied on the basis of information available with or furnished to him or on
  
  a representation made to him by any person that the business of a company is
  
  being carried on for a fraudulent or unlawful purpose or not in compliance with
  
  the provisions of this Act or if the grievances of investors are not being
  
  addressed, the Registrar may, after informing the company of the allegations
  
  made against it by a written order, call on the company to furnish in writing
  
  any information or explanation on matters specified in the order within such
  
  time as he may specify therein and carry out such inquiry as he deems fit after
  
  providing the company a reasonable opportunity of being heard:
  Provided
  
  that the Central Government may, if it is satisfied that the circumstances so
  
  warrant, direct the Registrar or an inspector appointed by it for the purpose
  
  to carry out the inquiry under this sub-section:
  Provided
  
  further that where business of a company has been or is being carried on for a
  
  fraudulent or unlawful purpose, every officer of the company who is in default
  
  shall be punishable for fraud in the manner as provided in section 447.
  1.     
  2.     
  3.     
  4.     
  5.      Without prejudice to
  
  the foregoing provisions of this section, the Central Government may, if it is
  
  satisfied that the circumstances so warrant, direct inspection of books and
  
  papers of a company by an inspector appointed by it for the purpose.
  6.      The Central
  
  Government may, having regard to the circumstances by general or special order,
  
  authorise any statutory authority to carry out the inspection of books of
  
  account of a company or class of companies.
  7.      If a company fails to
  
  furnish any information or explanation or produce any document required under
  
  this section, the company and every officer of the company, who is in default
  
  shall be punishable with a fine which may extend to one lakh rupees and in the
  
  case of a continuing failure, with an additional fine which may extend to five
  
  hundred rupees for every day after the first during which the failure
  
  continues.