42. Investigation

require such person or a director, partner, member, secretary, manager, employee, agent, contractor or auditor of such person to furnish him within such period and in such manner or form as he may specify, such information as he may consider necessary;

require such person or a director, partner, member, manager, secretary, employee, agent, contractor or auditor of such person to produce for inspection books, records, files, registers and such other documents, maintained in print, electronic or any other form, relating to the business and corporate affairs of such person at such place as specified and to provide authenticated copies in any form as required, of such books, records, files, registers and such other documents;

at any time enter or authorize any other person whose services have been obtained by the Director for such purpose, to enter the premises or storage area of such person or any vehicle of such person or of any director, partner, member, secretary, manager, employee, agent, contractor or auditor of such person which is at the premises of such person and notwithstanding anything to the contrary in any other written law examine or cause to be examined such premises or storage area or vehicles and books, records, files, registers and such other documents, maintained in print, electronic or any other form, found in such premises, storage area or vehicle relating to the business and corporate affairs of such person and if necessary obtain copies, authenticated or otherwise, in any form as required, of such books, records, files, registers and such other documents, and take account of currency, bills of exchange, corporate and government securities found in such premises or storage area or vehicle or which may be kept in safe custody in such premises or storage area:

question and record statements of or if necessary direct such person or a director, partner, member, secretary, manager, employee, agent, auditor or contractor of such person or any other person who may be acquainted with or aware of or in possession of information regarding the business or corporate affairs of such person to submit answers to the questions raised by way of an affidavit or if necessary administer oath or affirmation in accordance with the Oaths or Affirmations

require the holding company, any subsidiary or associate company of such person, or any subsidiary or associate company of the holding company of such person, or any other company that in view of the Director has a substantial financial interest or significant management interest in such person to furnish information as the Director may consider necessary and to produce for inspection the books, records, files, registers and such other documents, maintained in print, electronic or any other form, relating to its business and corporate affairs at such time, date, place and in a manner or form as the

call for information by notice in writing from any person who may be acquainted with or is aware of or is in the possession of or appears to have information regarding the business and corporate affairs of such person and if required summon such person for an interview;

take any other action which he may deem necessary for the purpose.

Notwithstanding anything to the contrary in any other written law, the Director may require the Inspector

The Inspector General of Police or the Deputy

The Director may request the assistance of any

review any contract entered into by a depositor with such person and may vary the terms of such contract, including the terms relating to repayment, interest rates and charges where it considers that such contract has been entered into without due regard to the interests of depositors or other creditors of such person or without due regard to prudent commercial practice;

review any agreement or contract entered into by such person with any other person and upon such review, if it appears to the Board that the agreement or contract has been entered into without due regard to the interest of the depositors and other creditors of such person or without due regard to prudent commercial practice, vary the terms of such agreement or contract.

Where such person fails to comply with the directions issued under subsection (6), the Board may take such steps as it considers necessary including the winding up of such person or to take action to declare such person as insolvent by a court.

In the event of winding up of a company, the provisions of section 32 other than the provisions of subsection (3)

In the event of winding up of a body of persons other than a company, the provisions of section 32 other than the provisions of subsections (2) and (3) thereof shall mutatis mutandis apply and the value of the assets and liabilities of such body of persons shall be ascertained in such manner and upon such basis as the liquidator thinks fit. The competent Court may at any time after making a winding up order authorize the liquidator to realize all assets and may require any person to pay, deliver, convey, surrender or transfer forthwith or within a specified time to the liquidator any money, property or books and other documents in his hands to which such body of persons is entitled. A scheme for the purpose of winding up of such body of persons shall be prepared by the liquidator and submitted for confirmation to the competent court and the winding up of such body of persons shall be carried out according to the scheme.

a body corporate the names and addresses of directors of such body corporate;

a firm the names and addresses of partners of that firm; and

an unincorporate body other than a firm, the names and addresses of members of such body and officers of that body.

fails to provide any information or produce for inspection any book, record, file, register or such other document, material or object required under this section;

fails to attend in person when summoned for an interview;

provides false, incomplete or incorrect or misleading information, book, record, file, register or such other document, material or object; or

obstructs the Director or any other person authorized by the Director under subsection (1) or the Inspector General of Police or the Deputy