Investigation of company affairs permits appointment of inspectors when resolution, court order, or suspicion of fraud or oppression. Investigation of company affairs authorises the appointment of inspectors to inquire and report; mandatory appointment follows a special resolution or court order. The Central Government may also appoint inspectors where, in its or the Tribunal's opinion, circumstances suggest fraud, unlawful purpose, oppression, fraud or misfeasance by those involved in formation or management, or denial of information to members, including on calculation of commissions.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Investigation of company affairs permits appointment of inspectors when resolution, court order, or suspicion of fraud or oppression.
Investigation of company affairs authorises the appointment of inspectors to inquire and report; mandatory appointment follows a special resolution or court order. The Central Government may also appoint inspectors where, in its or the Tribunal's opinion, circumstances suggest fraud, unlawful purpose, oppression, fraud or misfeasance by those involved in formation or management, or denial of information to members, including on calculation of commissions.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.