Preservation of corporate records: disposal barred without prior government permission, permitting examination for evidence of offences. The books and papers of a company amalgamated with, or whose shares are acquired by, another company shall not be disposed of without prior permission of the Central Government, which may appoint a person to examine those books and papers to ascertain whether they contain evidence of any offence connected with the promotion, formation, management of the transferor company, or its 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 corporate records: disposal barred without prior government permission, permitting examination for evidence of offences.
The books and papers of a company amalgamated with, or whose shares are acquired by, another company shall not be disposed of without prior permission of the Central Government, which may appoint a person to examine those books and papers to ascertain whether they contain evidence of any offence connected with the promotion, formation, management of the transferor company, or its amalgamation or acquisition of shares.
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