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Power of Reserve Bank to inspect authorised person

Section 12 - Acts - FEMA - Section 12 - . 12. (1) The Reserve Bank may, at any time, cause an inspection to be made, by any officer of the Reserve Bank specially authorised in writing by the Reserve Bank in this behalf, of the business of any authori .....

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ed person has failed to furnish on being called upon to do so; (c) securing compliance with the provisions of this Act or of any rules, regulations, directions or orders made there under. (2) It shall be the duty of every authorised person, and where .....

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