Section 219 — Power of inspector to conduct investi gation into affairs of related companies, etc
If an
inspector appointed under section 210 or section 212 or section 213 to investigate into the affairs of a
company considers it necessary for the purposes of the investigation, to investigate also the affairs of—
(a) any other body corporate which is, or has at any relevant time been the company’s subsidiary
company or holding company, or a subsidiary company of its holding company;
(b) any other body corporate which is, or has at any relevant time been managed by any person as
managing director or as manager, who is, or was, at the relevant time, the managing director or the
manager of the company;
(c) any other body corporate whose Board of Directors comprises nominees of the company or is
accustomed to ac t in accordance with the directions or instructions of the company or any of its
directors; or
(d) any person who is or has at any relevant time been the company’s managing director or manager
Related sections
- Section 206 — Power to call for information, inspect books and conduct inquiries
- Section 208 — Report on inspection made
- Section 209 — Search and seizure
- Section 210 — Investigation into affairs of company
- Section 211 — Establishment of Serious Fraud Investigation Office
- Section 212 — Investigation into affairs of Company by Serious Fraud Investigation Office
- Section 213 — Investigation into company’s affairs in other cases
- Section 214 — Security for payment of costs and expenses of investigation
- Section 215 — Firm, body corporate or associati on not to be appointed as inspector
- Section 216 — Investigation of ownership of company
- Section 217 — Procedure, powers, etc., of inspectors
- Section 218 — Protection of employees during investigation
- Section 220 — Seizure of documents by inspector
- Section 221 — Freezing of assets of company on inquiry and investigation
- Section 222 — Imposition of restrictions upon securities
- Section 223 — Inspector’s report
- Section 224 — Actions to be taken in pursuance of inspector’s report
- Section 225 — Expenses of investigation
- Section 226 — Voluntary winding up of company, etc., not to stop investigation proceedings
- Section 227 — Legal advisors and bankers not to disclose certain information
- Section 228 — Investigation, etc., of foreign companies
- Section 229 — Penalty for furnishing false statement, mu tilation, destruction of documents