alleryStart learning →An SFIO probe begun under the Companies Act 1956 continues under which law, per s.212(16)?
AThe SEBI Act
BThe IBC 2016
CThe 1956 Act
DThe new 2013 Act
Answer & Solution
Correct answer: C. The 1956 Act
Section 212(16) says such investigations proceed under the 1956 Act as if the 2013 Act had not been passed.
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