55. Furnishing of Information by Govt. Depts, Banks, Financial Institutions, Clearing & Forwarding Agents and Owners of Warehouses, Godowns and others

(a) Every bank, including any branch of a bank, or any clearing house in the State or any financial institution, department of Government, corporation, institution, organizations or companies, boards, authorities, undertakings or any bodies owned, financed or controlled wholly or partly by the State Government or Central Government; and

(b) every clearing, forwarding or booking agent or dalal as defined in clause (a) of Explanation to section 59 or a person engaged in the business of transporting goods,

shall, if so required by any authority appointed under section 10, furnish any such particulars as may be required by such authority in respect of the transactions relating to sales or purchases of goods by such dealers or any dealer with or through such banks or clearing house or any financial institution, department of Government, corporations, institutions, organization or companies, boards, authorities, undertakings or any other body owned, financed or controlled wholly or partly by the State Government or the Central Government.