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SECTION 239 PRESERVATION OF BOOKS AND PAPERS OF AMALGAMATED COMPANIES
Updated: Oct 17, 2022
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The books and papers (include all physical or digitally stored books of account, deeds, vouchers, writings, documents, minutes, and registers) of a company (denotes a business that was founded by this Act or previous company legislation) which has been amalgamated with, or whose shares (signifies a share in a company's share capital, which also includes stock)[1] have been acquired by, another company under this Chapter shall not be disposed of without the prior permission of the Central Government and before granting such permission, that Government may appoint a person to examine the books and papers or any of them to ascertain whether they contain any evidence of the commission of an offence in connection with the promotion or formation, or the management of the affairs, of the transferor company or its amalgamation or the acquisition of its shares
[1] Companies Act 2013 (Section 2 (84))-
https://www.mca.gov.in/content/dam/mca/pdf/CompaniesAct2013.pdf