21. OPERATING AGENCY TO PREPARE COMPLETE INVENTORY, ETC.
Where, for the proper discharge of the functions of the Board under this Act, the circumstances so require, the Board may, through any operating agency, cause to be prepared –
(a) with respect to a company, a complete inventory of –
(i) all assets and liabilities of whatever nature;
(ii) all books of account, registers, maps, plans, records, documents of title or ownership of property and all other documents of whatever nature relating thereto;
(b) a list of shareholders and a list of creditors showing separately in the list of creditors, the secured creditors and the unsecured creditors;
(c) a valuation report in respect of the shares and assets in order to arrive at the reserve price for the sale of a part or whole of the industrial undertaking of the company or for fixation of the lease rent or share exchange ratio;
(d) an estimate of reserve price, lease rent or share exchange ratio; and
(e) Performa accounts, where no up-to-date audited accounts, are available.