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Notification under section 458 of Companies Act, 2013: Delegating of powers to RDs under section 208 of the said Act

Companies Law - F. No. 3/76/2015-CL.-II - Dated:- 31-12-2015 - Government of India Ministry of Corporate Affairs Notification New Delhi, the 31st December, 2015 S. O. - In exercise of the powers conferred by section 458 of the Companies Act, 2013 (18 .....

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aving jurisdiction over the place of registered office of the company concerned) or from the Inspector where such report recommends action for violation of offences under the said Act for which imprisonment of less than two years is provided, (except .....

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rector - (a) shall examine the report and obtain legal advice, if required; (b) shall direct initiation of prosecution if he agrees with the recommendation of the Registrar or inspector to initiate prosecution against the company, officers or employe .....

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