https://www.taxtmi.com/acts?id=17522 Expenses of an inspection investigation are initially paid by the Central Government but must be reimbursed by specified persons: convicted individuals may be ordered to pay expenses when prosecuted or ordered to pay damages or restore property; a company or body corporate is liable to the extent of sums or property recovered in proceedings brought in its name; and where no prosecution is instituted the Central Government may direct reimbursement by companies, bodies corporate, managing directors or managers dealt with in the inspector's report and by applicants who requested the investigation. Such company liabilities constitute a first charge on recovered sums or property. en-us Sat, 02 Mar 2013 14:13:31 +0530 Thu, 11 Dec 2025 14:48:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=17522 Expenses of an inspection investigation are initially paid by the Central Government but must be reimbursed by specified persons: convicted individuals may be ordered to pay expenses when prosecuted or ordered to pay damages or restore property; a company or body corporate is liable to the extent of sums or property recovered in proceedings brought in its name; and where no prosecution is instituted the Central Government may direct reimbursement by companies, bodies corporate, managing directors or managers dealt with in the inspector's report and by applicants who requested the investigation. Such company liabilities constitute a first charge on recovered sums or property. Act-Rules Companies Law Sat, 02 Mar 2013 14:13:31 +0530 https://www.taxtmi.com/acts?id=17522