Section 224 of CA 2013 – Section 224: Actions To Be Taken In Purs

The Companies Act, 2013

CHAPTER XIV: INSPECTION, INQUIRY AND INVESTIGATION

Section 224: Actions To Be Taken In Pursuance Of Inspector?S Report

(1) If, from an inspector's report, made under section 223, 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 offic

Explanation using examples

Imagine a situation where the Central Government conducts an inspection of XYZ Pvt. Ltd. under section 223 of the Companies Act, 2013. The inspector's report reveals that the CFO of the company has been embezzli

Section 224 of CA 2013 : Section 224: Actions To Be Taken In Pursuance Of Inspector?S Report

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Explanation using examples

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