TMI BlogPower to order examination of promoters, directors, etc.X X X X Extracts X X X X X X X X Extracts X X X X ..... ion a fraud has been committed by any person in the promotion, formation, business or conduct of affairs of the company since its formation, the Tribunal may, after considering the report, direct that such person or officer shall attend before the Tribunal on a day appointed by it for that purpose, and be examined as to the promotion or formation or the conduct of the business of the company or as ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... l under section 432, who shall be at liberty to put to him such questions as the Tribunal may consider just for the purpose of enabling him to explain or qualify any answers given by him. (5) If any such person applies to the Tribunal to be exculpated from any charges made or suggested against him, it shall be the duty of the Company Liquidator to appear on the hearing of such applicatio ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... er this section may, if the Tribunal so directs, be held before any person or authority authorised by the Tribunal. (10) The powers of the Tribunal under this section as to the conduct of the examination, but not as to costs, may be exercised by the person or authority before whom the examination is held in pursuance of sub-section (9). - - statute, statutory provisions legislation, l ..... X X X X Extracts X X X X X X X X Extracts X X X X
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