Investigation of company affairs: inspectors may be appointed after registrar report or qualifying member applications. The Central Government may appoint one or more competent persons as inspectors to investigate and report on the affairs of a company where the Registrar has reported under the specified provisions, or where qualifying member applications are received (two hundred members or members holding one tenth of voting power for companies with share capital; one fifth of registered members for companies without share capital), and after giving parties an opportunity of being heard, the Government may declare an investigation and appoint inspectors to report as directed.
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Provisions expressly mentioned in the judgment/order text.
Investigation of company affairs: inspectors may be appointed after registrar report or qualifying member applications.
The Central Government may appoint one or more competent persons as inspectors to investigate and report on the affairs of a company where the Registrar has reported under the specified provisions, or where qualifying member applications are received (two hundred members or members holding one tenth of voting power for companies with share capital; one fifth of registered members for companies without share capital), and after giving parties an opportunity of being heard, the Government may declare an investigation and appoint inspectors to report as directed.
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