#section212 #companiesact2013 #investigation #fraud Section 212 specifies the process for the SFIO's investigation. There are 17 clauses and their supporting sentences in this section. Without limiting the requirements of Section 210, Section 212(1) states that the Central Government may, by order, designate the SFIO to conduct an investigation into the operations of a company where it "is of the opinion" that doing so is essential due to the reasons listed in Section 212(1).

#rule3 #rule4 #appointment #terms #conditions #rules #investigation Rule 3 and 4 of Companies (Inspection, Investigation, and Inquiry) Rules, 2014 are applicable to the Establishment of Serious Fraud Investigation Office is addressed under Section 211 of the Companies Act, 2013, which is applicable here. Rule 3:- "Appointment of persons having expertise in various fields." The "Appointment of persons having expertise in various fields" is referred to in Rule 3 of The Companie

#freezingasset #company #inquiry #investigation Freezing of assets of a company on inquiry and investigation defined under Section 221 and 222 of the Indian Companies Act 2013. Mismanagement and scam are quite common in companies. Picking these loopholes isn’t easy for the authority. Thanks to sections 222 and 221, which has been proved quite effective in averting these anomalies. Important Provisions on Freezing of the company’s assets on investigation & inquiry Section 221

#inspection #inquiry #investigation #seizure #inspector 220. (1) Where in the course of an investigation under this Chapter, the inspector has reasonable grounds to believe that the books and papers of, or relating to, any company or other body corporate or managing director or manager of such company are likely to be destroyed, mutilated, altered, falsified or secreted, the inspector may— (a) enter, with such assistance as may be required, the place or places where such book

#power #inspector #investigation #companies If an inspector appointed under section 210 or section 212 or section 213 to investigate into the affairs of a company considers it necessary for the purposes of the 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 company or holding company, or a subsidiary company of its holding company; (b)   any other body corporate which is, or

#rule5 #rules #security #inspection #investigation Before appointing an inspector under sub-section (3) of Section 210, the Central Government may compel the applicant to provide security under Rule 5 of The Companies (Inspection, Investigation, and Inquiry) Rules, 2014. 1. The first clause states that before appointing an inspector under sub-section (3) of Section 210, the Central Government may require the applicant to provide security of not more than twenty-five thousand

#section210 #companiesact2013 #investigation #company The investigation's primary goal is to gather evidence, identify any illegal acts or infractions, and then determine the appropriate course of action. The act's Section 210 stipulates: (a)Investigation according to the central government's assessment Where the central government is of the opinion, that it is necessary to investigate the affairs of a company: 1) On the receipt of a report of the Registrar or inspector under

#companieslaw #corporatelaw #sec218 #investigation #employeesright #protection #protectionduringinvestigation #tribunal #appellettribunal #sec210 #sec212 #sec213 #sec219 #sec216 Sec 218 Protection of employees during investigation. This article is an in-depth explanation of the sec 218 of companies act 2013 .This article states about,as the section title explains,protection of employees during investigation. The article states the bare provision and then the explanation of th

#COMPANYLAW #COMPANYACT2013 #NCLT #NATIONALCOMPANYLAWTRIBUNAL #NCLAT #NATIONALCOMPANYLAWAPPELLATETRIBUNAL #SECTION228 #MUTATISMUTANDIS #INVESTIGATION #FOREIGNCOMPANIES As in this chapter mutatis mutandis ("with the required changes" or "all essential changes have been made." Mutatis mutandis means that while some adjustments may be required to adapt to various circumstances, the core idea will not alter. Contracts employ the word mutatis mutandis to incorporate clauses from o

#COMPANYLAW #COMPANYACT2013 #NCLT #NATIONALCOMPANYLAWTRIBUNAL #NCLAT #NATIONALCOMPANYLAWAPPELLATETRIBUNAL #SECTION225 #SECTION213 #INVESTIGATION 01. The Central Government shall initially cover the costs of and incidentals to an investigation by an inspector appointed by it under this Chapter, other than the costs of an inspection under section 214[1], but the following parties shall reimburse the Central Government to the extent specified below, namely: Any person who is fou

#companiesact #companieslaw #corporatelaw #inspection #investigation #inquiry #centralgovernment #companiesrule2014 Companies( inspection ,investigation, inquiry) rules 2014 Chapter XIV (Sections 206 to 229 ) of the Companies Act, 2013 deals with the provisions related to inspection, investigation and inquiry. The Companies (Inspection, Investigation and Inquiry) Rules, 2014 published vide G.S.R. 247(E), dated 31-03-2014. Read with section 210 “Investigation into affairs of c