can someone please explain me sub-clause a of clause 1 of section 225 where they say that the expenses of the investigation can defrayed by any person namely who is convicted on a prosecution or order to pay damages under 224 to the extent that he may in the same preceding we order to pay the set expenses as may be specified by the court convicting such person or ordering him to pay such damages or restore such property as the case may be
what does it really means??
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Regarding section 225 of the companies act 2013
Replies (1)
Section 225 ensures that the financial burden of an investigation, initially borne by the Central Government, is shifted to the wrongdoers or the entities that benefit from the recovery of funds. Specifically, if a person is convicted or held liable for damages in a court proceeding arising from an investigation, the court can force them to personally pay for the costs of that investigation.
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