(12.13.2) Investigation

The Act affords some protection to shareholders and creditors of a company by giving powers to the central Government in certain circumstances to investigate either (i) the affairs; or (ii) the ownership of a company.

The following chart shows the powers of the Central Government to appoint one or more competent inspectors to conduct investigation of the affairs of a company (Ss.235 and 237).

                        Power of Investigation of Central Government.

Discretionary	Mandatory
(i) if required by the Members, or (ii) on the Report by the Registrar; or (iii) on its own motion.	(i) if required by the company by special resolution; or (ii) if required by the Court.