Section 223: Inspector’s report
This section is for the procedures and requirements related to an inspector's report under this Chapter.
The section, clause by clause
What the section says
In plain terms
(1)An inspector appointed under this Chapter may, and if so directed by the Central Government shall, submit interim reports to that Government, and on the conclusion of the investigation, shall submit a final report to the Central Government.
An inspector may submit interim reports to the Central Government and must submit a final report on concluding the investigation if directed to do so.
(2)Every report made under sub-section (1) shall be in writing or printed as the Central Government may direct.
Every report must be in writing or printed as the Central Government directs.
(3)A copy of the report made under sub-section (1) may be obtained 1[by members, creditors or any other person whose interest is likely to be affected] by making an application in this regard to the Central Government.
Members, creditors, or persons affected by the investigation can obtain a copy of the report by applying to the Central Government.
(4)The report of any inspector appointed under this Chapter shall be authenticated either—
The inspector's report must be authenticated by the company's seal or a public officer's certificate to be admissible as evidence in legal proceedings.
(4)(a)2[by the seal, if any] of the company whose affairs have been investigated; or (b) by a certificate of a public officer having the custody of the report, as provided under section 76 of the Indian Evidence Act, 1872 (1 of 1872), and such report shall be admissible in any legal proceeding as evidence in relation to any matter contained in the report.
(5)Nothing in this section shall apply to the report referred to in section 212.
This section does not apply to the report referred to in section 212.
The right-hand column is written from the section text, not quoted from it, and it has no legal force. Where the two differ, the left-hand column is the law.
Amendment notes
- 1. Ins. by Act 1 of 2018, s. 72 (w.e.f. 9-2-2018).
- 2. Subs. by Act 21 of 2015, s. 18, for “by the seal” (w.e.f. 29-5-2015).
- 1. Ins. by Act 31 of 2016, s. 255 and the Eleventh Schedule (w.e.f. 15-11-2016).
This section refers to
Referred to by
Search the whole Act, or ask it a question, in the interactive browser.
Reproduced from the official India Code print for reference. Check the current text on India Code before you rely on it, and read the section alongside its Rules. Nothing here is legal advice.