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

TMI Blog

Home

Power of inspectors to carry investigation into affairs of related companies, etc

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ary for the purposes of his investigation to investigate also the affairs of (a) any other body corporate which is, or has at any relevant time been the company's subsidiary or holding company, or a subsidiary of its holding company, or a holding company of its subsidiary; [3] [(b) any other body corporate which is, or has at any relevant time been managed by any person as managin .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... of sub-section (2), have power so to do and shall report on the affairs of the other body corporate or of the managing director or manager, so far as he thinks that the results of his investigation thereof are relevant to the investigation of the affairs of the first-mentioned company.] (2) In the case of any body corporate or person referred to in clause (b)(ii), (b)(iii), (c) or (d) of sub-se .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ) Act, 2000, w.e.f. 13-12-2000. [4] Substituted by the Companies (Amendment) Act, 2000, w.e.f. 13-12-2000. [5] Substituted for the portion beginning with the words the inspector shall subject to the provisions of sub-section (2) and ending with the words affairs of the first-mentioned company , Substituted by the Companies (Amendment) Act, 2000, w.e.f. 13-12-2000. - - statute, statut .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates