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of <h1>Central Government Can Appoint Inspectors to Probe Company Ownership Under Section 216 of Companies Act, 2013</h1> Section 216 of the Companies Act, 2013, empowers the Central Government to appoint inspectors to investigate a company's ownership and membership. This investigation aims to identify individuals financially interested in the company's success or failure, those who can control or influence company policy, or those with beneficial interests in the company's shares. The Tribunal can also direct such investigations. The scope of the investigation can be defined by the Central Government and may include examining non-legally binding arrangements relevant to the investigation's purpose.
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