Companies Act, 1956

Section - 235 - Investigation of the affairs of a company

Investigation

[Investigation of the affairs of a company.

235. (1) The Central Government may, where a report has been made by the Registrar under sub-section (6) of , or under sub-section (7) of that section, read with sub-section (6) thereof, appoint one or more competent persons as inspectors to investigate the affairs of a company and to report thereon in such manner as the Central Government may direct.

(2) Where—

         (a)  in the case of a company having a share capital, an application has been received from not less than two hundred members or from members holding not less than one-tenth of the total voting power therein, and

(b) in the case of a company having no share capital, an application has been received from not less than one-fifth of the persons on the company’s register of members,

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