ABC Jantrantik Party, a political party is suspected to have been involved in money laundering in contravention of Foreign Contribution (Regulation) Act, 2010. Mr. Ravi, a qualified company secretary was holding the posi

The provisions relating to "inspection of accounts & records" are provided under section 23 of the Foreign Contribution (Regulation) Act, 2010. Inspection of Accounts or records: According to Section 23, if the Central Government has, for any reason, to be recorded in writing, any ground to suspect that any provision of this Act has been or is being, contravened by (a) any political party; or (b) any person; or (c) any organization; or (d) any association, it may, by general or special order, authorize such Gazetted Officer, holding a Group A post under the Central Government or such other officer or authority or organization, as it may think fit (hereinafter referred to as the inspecting officer), to inspect any account or record maintained by such political party, person, organization or association, as the case may be, and thereupon every such inspecting officer shall have the right to enter in or upon any premises at any reasonable hour, before sunset and after sunrise, for the purpose of inspecting the said account or record. Seizure of accounts or records: According to Section 24, if, after inspection of an account or record referred to in section 23, the inspecting officer has any reasonable cause to believe that any provision of this Act or of any other law relating to foreign exchange has been, or is being, contravened, he may seize such account or record and produce the same before the Court, authority or Tribunal in which any proceeding is brought for such contravention. The authorized officer shall return such account or record to the person from whom it was seized if no proceeding is brought within six months from the date of such seizure for the contravention disclosed by such account or record. Section 24 provides that if, after inspection of an account or record.