Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding


  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram
Statutory Provisions

Home Acts & Rules Bill Bills COMPANIES BILL, 2011 Chapters List Chapter XIV INSPECTION, INQUIRY AND INVESTIGATION This

Clause 214 - Security for payment of costs and expenses of investigation. - COMPANIES BILL, 2011

COMPANIES BILL, 2011
Chapter XIV
INSPECTION, INQUIRY AND INVESTIGATION
  • Contents

Security for payment of costs and expenses of investigation.

214. Where an investigation is ordered by the Central Government in pursuance of clause (b) of sub-section (1) of section 210, or in pursuance of an order made by the Tribunal under section 213, the Central Government may before appointing an inspector under sub-section (3) of section 210 or clause (b) of section 213, require the applicant to give such security not exceeding twenty-five thousand rupees as may be prescribed, as it may think fit, for payment of the costs and expenses of the investigation and such security shall be refunded to the applicant if the investigation results in prosecution.

 
 
 
 

Quick Updates:Latest Updates