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<h1>Section 216: Central Government inspectors to uncover real company ownership, control, and hidden beneficial share interests</h1> Section 216 empowers the Central Government to appoint inspectors to investigate a company's ownership and membership to identify persons financially interested in its success or failure, those able to control or materially influence its policies, and those holding or having held beneficial or significant beneficial interests in its shares. Appointment of inspectors becomes mandatory when directed by the Tribunal in relevant proceedings. The Central Government may define and limit the scope of investigation, including to specific shares or debentures. Inspectors' powers extend to examining informal arrangements or understandings, even if not legally binding, where such arrangements are relevant to determining true ownership or control.