Bare ActsCompanies Act, 1956

Section 236

Application by members to be supported by evidence and power to call for security

Amendment status not verified — confirm the current text below against the official source.

An application by members of a company [under sub-section (2) of Section 235] shall be supported by such evidence as [the [Tribunal] may require] for the purpose of showing that the applicants have good reason for requiring the investigation; and the Central Government may, before appointing an inspector, require the applicants to give security, for such amount not exceeding one thousand rupees as it may think fit, for payment of the costs of the investigation.

Section 236 – Companies Act, 1956 | DailyLaw.ai