law: Credit Information Companies (Regulation) Act, 2005 
  12. Inspection of
  
  credit information company, credit institution and specified user.-
  1.     
  
    Notwithstanding
  
  anything to the contrary contained in section 235 of the Companies Act, 1956 (1
  
  of 1956), the Reserve Bank, at any time, may and on being directed so to do by
  
  the Central Government shall, cause an inspection to be made, by one or more of
  
  its officers or through such other persons or agency as the Reserve Bank may
  
  determine, of any credit information company or credit institution or specified
  
  user and their books and accounts; and the Reserve Bank shall supply to the
  
  credit information company or credit institution or specified user, as the case
  
  may be, a copy of its report on such inspection.
  2.     
  
    (2)
  
  It shall be the duty of every director or other officer or employee of the
  
  credit information company, credit institution and specified user to produce to
  
  any officer or person or agency, as the case may be, making an inspection under
  
  sub-section (1) all such books, accounts and other documents in his custody or power
  
  and to furnish him with any statement and information relating to the affairs
  
  of such credit information company, credit institution and specified user, as
  
  the said officer or person or agency may require of him within such time as the
  
  said officer or person or agency may specify.
  3.     
  
    Any
  
  officer of the Reserve Bank or person or an agency making an inspection under
  
  sub-section (1) may examine on oath any director or other officer or employee
  
  of the credit information company, credit institution and specified user, in
  
  relation to their business, and may administer an oath accordingly.
  4.     
  
    The
  
  expenses of, or incidental to, the inspection under sub-section (1) by any
  
  person or an agency referred to in sub-section (1) shall be borne by the
  
  concerned credit information company or credit institution or specified user,
  
  as the case may be.