As far as the brief and simple description
Inspection process consists of 3 main persons.
before that Inspection is scheduled by Inspection Co-ordinator taking into consideration availability of Inspectors,
Then all 3 persons are informed well before inspection about the schedule by Inspection Co-ordinator.
Inspector will go thru Author's "Test script" before inspection.
Now at Inspection 3 main persons:
1)Inspector:Will explain necessary suggestions and defects to Author
2)Author:can discuss with Inspector about any issue
3)SQE ( Software Quality Enggineer):from Process Dept of the organization will observe whether necessary stds are been followed thru'out the Inspection Process.