Section 249   [ View Judgements ]

Investigation of associate ship with managing agent, etc.


249. INVESTIGATION OF ASSOCIATE SHIP WITH MANAGING AGENTS, ETC.

(1) Where any question arises as to whether any body corporate, firm, or individual was or was not, an associate of the managing agent or secretaries and treasurers of a company and it appears to the Central Government that there is good reason to investigate such question, it may either -(a) appoint an inspector for the purpose of making the investigation; or(b) if it considers it unnecessary to appoint an inspector as aforesaid, require any person whom it has reasonable cause to believe to be in a position to give relevant information in regard to the question, to furnish the Central Government with information on such matters as may be specified by it.

(2) The provisions of section 247 shall apply mutatis mutandis to cases falling under clause (a) of sub-section (1) and those of section 248 to cases falling under clause (b) of that sub-section.

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