9911796707
TMI BlogPower to order public examination of promoters, directors, etc.X X X X Extracts X X X X X X X X Extracts X X X X ..... ud has been committed by any person in the promotion or formation of the company, or by any officer of the company in relation to the company since its formation, the 1[Tribunal] may, after considering the report, direct that that person or officer shall attend before the 1[Tribunal] on a day appointed by it for that purpose, and be publicly examined as to the promotion or formation or the conduct ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... (6) A person ordered to be examined under this section___ (a) shall, before his examination, be furnished at his own cost with a copy of the Official Liquidator's report; and (b) may at his own cost employ, an* 2[chartered accountants or company secretaries or cost accountants or legal practitioners entitled to appear before the Tribunal under section 10GD], who shall be at liberty to put to h ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... hereafter be used in evidence against him, and shall be open to the inspection of any creditor or contributory at all reasonable times. (9) The 1[Tribunal] may, if it thinks fit, adjourn the examination from time to time. [3][(10) An examination under this section may, if the Tribunal so directs, be held before any person or authority authorised by the Tribunal.]__ (11) The powers of the [4] ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... made in this behalf, be held before any District Judge, or before any officer of the High Court, being an Official Referee, Master, Registrar or Deputy Registrar."
[4] Substituted for "Court" by the Companies (Second Amendment) Act, 2002, w.e.f. a date yet to be notified.
[5] Substituted for "Judge or officer" by the Companies (Second Amendment) Act, 2002. w.e.f. a date yet to be notified.
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