What is Security for payment of costs and expenses of investigation Firm, body corporate or association not to be appointed as inspector Section 214 and 215 of Indian Companies Act 2013

Security for payment of costs and expenses of investigation and Firm body corporate or association not to be appointed as inspector are defined under Section 214 and 215 of Indian Companies Act 2013. Provisions under these Sections are:

Section 214 of Indian Companies Act 2013 "Security for payment of costs and expenses of investigation"

 

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 subsection (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.

Section 215 of Indian Companies Act 2013 "Firm, body corporate or association not to be appointed as inspector"

No firm, body corporate or other association shall be appointed as an inspector.

 

What is Forms of, and procedure in relation to, certain applications Section 201 of Indian Companies Act 2013

What is Compensation for loss of office of managing or whole-time director or manager Section 202 of Indian Companies Act 2013

What is Appointment of key managerial personnel Section 203 of Indian Companies Act 2013

What is Secretarial audit for bigger companies What are the Functions of company secretary Section 204 and 205 of Indian Companies Act 2013

What is Power to call for information, inspect books and conduct inquiries What is power to Conduct of inspection and inquiry Section 206 and 207 of Indian Companies Act 2013

What is Report on inspection made What is Search and seizure What is Investigation into affairs of company Section 208,209 and 210 of Indian Companies Act 2013

What is Establishment of Serious Fraud Investigation Office Section 211 of Indian Companies Act 2013

What is Investigation into affairs of Company by Serious Fraud Investigation Office Section 212 of Indian Companies Act 2013

What is Investigation into companys affairs in other cases Section 213 of Indian Companies Act 2013

What is Security for payment of costs and expenses of investigation Firm, body corporate or association not to be appointed as inspector Section 214 and 215 of Indian Companies Act 2013

What is Investigation of ownership of company What is Procedure, powers, etc., of inspectors Section 216 and 217 of Indian Companies Act 2013

What is Protection of employees during investigation Section 218 of Indian Companies Act 2013

What is Power of inspector to conduct investigation into affairs of related companies, etc Seizure of documents by inspector Section 219 and 220 of Indian Companies Act 2013

 

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