Power to appoint company prosecutors allows central government to designate prosecutors with public prosecutor powers for company law prosecutions. The Central Government may, notwithstanding the Code of Criminal Procedure, appoint one or more persons generally, for any case, for particular cases, or for any specified class of cases in any local area as company prosecutors to conduct prosecutions under the Act, and those appointees shall have the powers and privileges conferred on Public Prosecutors under the criminal procedure law.