Companies Act, 2013

Actions to be taken in pursuance of inspector's report .

224. (1) If, from an inspector's report, made under , it appears to the Central Government that any person has, in relation to the company or in relation to any other body corporate or other person whose affairs have been investigated under this Chapter been guilty of any offence for which he is criminally liable, the Central Government may prosecute such person for the offence and it shall be the duty of all officers and other employees of the company or body corporate to give the Central Government the necessary assistance in connection with the prosecution.

(2) If any company or other body corporate is liable to be wound up under this Act [or under the Insolvency and Bankruptcy Code, 2016] and it appears to the Central Government from any such report made under that it is expedient so to do by reason of any such circumstances as are referred to in , the Central Government may, unless the company or body corporate is already being wound up by the Tribunal, cause to be presented to the Tribunal by any person authorised by the Central Government in this behalf-

(a)	-	a petition for the winding up of the company or body corporate on the ground that it is just and equitable that it should be wound up;
.... To read the full section download the app from Google Play store Latest Job Openings View all 29 July 2026 Audit Executive RBSM Corporate Advisors Private Limited Pune CA View Details Featured 18 July 2026 CA Articleship apricus india Mumbai CA Inter View Details ARTICLESHIP 16 July 2026 Article Assistant Sahil Agarwal & Company Mumbai CA Inter View Details 14 July 2026 Senior Executive/ Manager H S SHARMA AND CO Pune CA Final View Details ARTICLESHIP 07 July 2026 Articleship Jawahar and Associates Chartered Accountants Hyderabad CA Inter View Details Featured 16 July 2026 CA Inter, CA Intermediate, CA IPCC, CA CPT, CA SemiQualified Vakilsearch.com Chennai CA Inter View Details ARTICLESHIP 17 July 2026 Article Assistant and B.com pass BANSAL YOGESH AND CO Gautam Budh Nagar B.Com View Details 16 July 2026 CA Inter, CA Intermediate, CA IPCC, CA CPT , CA SemiQualifie Vakilsearch.com Chennai CA Inter View Details Share  Facebook  Twitter  Linkedin  Reddit  Email  Whatsapp  Gmail  Print  PDF Finance and Tax WhatsApp groups list CCI All Updates (WA Group) CCI All Updates (WA Channel) CCI All Updates (Telegram Channel) GST Income Tax CA Final CA Inter CA Foundation CCI Jobs CS CCI Webinars CCI Pro Login at CAclubindia CAclubindia India's largest network for finance professionals User Name Password Remember Me Forgot Password ? Alternatively, you can log in using: Login with Google Don't have an account? Register Now click here to register Follow