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        Companies Law

        Section 396A - Preservation of books and papers of amalgamated company.

        Companies Act, 1956
        Chapter VI
        MANAGEMENT AND ADMINISTRATION

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        Preservation of books and papers: disposal barred without government permission; government may order examination for evidence of offences. The books and papers of a company amalgamated with, or whose shares have been acquired by, another company shall not be disposed of without the prior permission of the Central Government, which may appoint a person to examine the books or papers to ascertain whether they contain evidence of an offence related to promotion, formation, management, amalgamation or acquisition of shares.
                          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.

                              Preservation of books and papers: disposal barred without government permission; government may order examination for evidence of offences.

                              The books and papers of a company amalgamated with, or whose shares have been acquired by, another company shall not be disposed of without the prior permission of the Central Government, which may appoint a person to examine the books or papers to ascertain whether they contain evidence of an offence related to promotion, formation, management, amalgamation or acquisition of shares.


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