https://www.taxtmi.com/acts?id=12572 Investigation expenses are initially paid by the Central Government but are recoverable from convicted persons prosecuted under section 242 or ordered to pay damages/restoration under section 244; companies are liable to the extent of recoveries and such liability is a first charge on those sums or property. If no prosecution follows, companies, bodies corporate, managing directors or managers dealt with in the inspector's report may be required to reimburse the whole expenses unless the Central Government directs otherwise, and applicants who requested the investigation may be directed to contribute. Unrecovered expenses are paid from parliamentary funds. en-us Thu, 12 May 2011 15:09:33 +0530 Thu, 12 May 2011 15:09:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=12572 Investigation expenses are initially paid by the Central Government but are recoverable from convicted persons prosecuted under section 242 or ordered to pay damages/restoration under section 244; companies are liable to the extent of recoveries and such liability is a first charge on those sums or property. If no prosecution follows, companies, bodies corporate, managing directors or managers dealt with in the inspector's report may be required to reimburse the whole expenses unless the Central Government directs otherwise, and applicants who requested the investigation may be directed to contribute. Unrecovered expenses are paid from parliamentary funds. Act-Rules Companies Law Thu, 12 May 2011 15:09:33 +0530 https://www.taxtmi.com/acts?id=12572