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Q1. After perusal of the inspector’s report it appears to the Central Government that a company is liable to be wound up under this Act, it may cause to be presented to the Tribunal,



Q2. Under section 217(3) the inspector shall not keep in his custody any books and papers produced under the provisions of this section for more than------------ days



Q3. Proceeding of investigation is going on against Mr. S who is officer in default of SS Company. An inspector appointed by the Central Government is doing investigation. He wants to examine on oath Mr. S under section 217 of the Companies Act 2013. Comment whether can he do so.



Q4. The Registrar received complaint from the shareholders of the company that R Ltd. is trying to defraud its creditors. Upon investigation by the Registrar, it was found out that the allegation was true. On submitting the report to the Central Government by The Registrar, Central Government is of the opinion that the further investigation is to be carried out. After carrying out Further Investigation, the Inspector considers it necessary to investigate the affairs of the R Ltd’s subsidiary company. Does the Inspector have the power to do so?



Q5. Proceeding of investigation is going on against Mr. T who is officer in default of TT Company. An inspector appointed by the Central Government is doing investigation. He ordered Mr. T to produce such books and papers which are relevant for the purposes of his investigation. But Mr. T refuses to do so. What action can be taken against Mr.T?



Q6. The Tribunal during the course of proceeding of investigation found out that the minority shareholders of the Dull Ltd. are being cornered by the Company. It appears to the Tribunal that an order of restrictions upon securities is required which may not exceed ---------. The Contravention of the order of the Tribunal attracts----- ------- to the company and ------- to the officers in default.



Q7. Mr G, a director of Good Ltd has taken undue advantage due to a fraud taken place in the company. The inspector found out about this during the investigation proceeding carried out by him. The report made by inspector to the Central Government stated this fact. The Central Government files an application to the Tribunal for holding Mr. G personally liable without any limitation of liability. Mr. G objects. Advice whether Action of Central Government is correct or not.



Q8. Try Ltd is a company which wants to suspend Mr. Y , the admin manager of the company during the pendency of the investigation conducted as per the provisions of the Companies Act, 2013. The company approached the Tribunal on 1 January 2018 for the proposed action. The company on 13 February 2018 passed an order of suspension without waiting for the orders from Tribunal. Comment whether action done by company is correct



Q9. Proceeding of investigation is going on against Mr. S who is officer in default of SS Company. An inspector appointed by the Central Government is doing investigation. He wants to examine on oath Mr. S under section 212 of the Companies Act 2013. Comment whether can he do so.



Q10. The Registrar received complaint from the shareholders of the company that K Ltd. is trying to defraud its creditors. Upon investigation by the Registrar, it was found out that the allegation was true. On submitting the report to the Central Government by The Registrar, Central Government is of the opinion that the further investigation is to be carried out. After carrying out Further Investigation, the Inspector considers it necessary to investigate the affairs of the KLtd’sholding company. The Inspector proceeded to investigate the Holding Company of K ltd... Does the Inspector have the power to do so under the provisions of the Companies Act,2013?



Q11. Laugh Ltd is a company which wants to suspend Mr. Y, the admin manager of the company during the pendency of the investigation conducted as per the provisions of the Companies Act, 2013. Can the Company do so?



Q12. WINNERS Company is owned by two brothers namely, Mr. Rahil and Mr. Sahil. But since last 6 months, some of the employees and members have noticed some disputes between the two brothers which is resulting in disturbance of the working of company. They have complaint Central Government to investigate on matters relating to the company. The Central Government appoints inspectors to investigate and report on matters relating to the company----



Q13. While an inspector was examining Mr. D on oath, the inspector was taking the notes of examination in writing to which Mr. D objected. Advice whether the objection taken by Mr. D was correct?



Q14. Investigation proceeding under the provisions of the Companies Act, 2013 is being carried out against Fishy Ltd. During the investigation, The Tribunal has a reasonable ground to believe that the removal, transfer or disposal of funds is likely to take place in a manner that is prejudicial to the interests of the company. So, the Tribunal made an order under section 221 of Companies Act,2013 that the removal, transfer or disposal of funds shall not take place for some time. For how much maximum period the assets shall be freeze by the Tribunal?



Q15. Who shall bear the expenses of Investigation under the provisions of the Companies Act, 2013?



Q16. In addition to the above case, what if the company transfers funds in contravention of order of the Tribunal? What shall be fine to the Company and the officer in default?



Q17. If, from an inspector’s report it appears to the Central Government that any person is guilty of any offence for which he is criminally liable, the Central Government may ------- such person for the offence.



Q18. Under section 218, if a person fails without reasonable cause or refuses to produce to an inspector he shall be punishable with-



Q19. Fry Ltd is a company which wants to suspend Mr. Y, the admin manager of the company during the pendency of the investigation conducted as per the provisions of the Companies Act, 2013. The company approached the Tribunal on 30 January 2018 for the proposed action. The company on 13 February 2018 passed an order of suspension without waiting for the orders from Tribunal. Comment whether action done by company is correct.



Q20. Bee Company deals in manufacturing of Shoes. During the course of investigation of Bee company Inspector believes that evidence may be available in a country outside India because Bee company has a manufacturing unit in this country also. Inspector makes an application to the competent court in India that he believes that evidence may be available in a country outside India. What will Indian court do?









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