Section 86: To demand information, data and statements

1) In the course of inspection and investigation pursuant to section 85, the Board or the person authorised to conduct inspection and investigation or the officer investigating the case pursuant to the Act may request from the relevant securities market, securities trader, representative of the securities trader and the organised institution that has registered the securities any information, data and details that they see necessary in the course of inspection and investigation.

2) For the purpose of regulating and managing the transactions in securities, the Board may demand the production of any information, data and statements related with securities or securities transaction from the stock exchanges, securities business person, formal agents of securities business person, bodies corporate which have listed their securities, bodies settling and clearing transactions in securities and depositories.

3) It shall be the duty of the concerned stock exchanges, securities business person, formal agents of securities business person, bodies corporate which have listed their securities, bodies settling and clearing securities transactions and depositories to produce the notices, data and statements demanded pursuant to sub-sections (1) and (2).

4) During the course of inspection and inquiry pursuant to section 85, the Board or the person authorised to conduct inspection and inquiry or the investigating officer in a case pursuant to this Act may take into his possession any information, data, documents, records, particulars and any equipment as he sees necessary.