SIDBI Act 42Chapter VIII · Miscellaneous
Section 42 · Small Industries Bank to have access to records
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(1) The Small Industries Bank shall have
free access to all such records of any institution which seeks to avail of any credit facilities from the
Small Industries Bank and to all such records of any such person who seeks to avail of any credit facilities
from such institution, perusal whereof may appear to the Small Industries Bank to be necessary in
connection with the providing of finance or other assistance to such institution or the refinancing of any
loan or advance made to such person by the borrowing institution.
(2) The Small Industries Bank may require any institution or person referred to in sub-section (1) to furnish to it copies of any of the records referred to in that sub-section and the institution or the person, as the case may be, shall be bound to comply with such requisition.
(2) The Small Industries Bank may require any institution or person referred to in sub-section (1) to furnish to it copies of any of the records referred to in that sub-section and the institution or the person, as the case may be, shall be bound to comply with such requisition.
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