alleryStart learning →Which entity can an inspector investigate under s.219(a)?
AThe main banker
BA fellow subsidiary
CA listed rival
DA major customer
Answer & Solution
Correct answer: B. A fellow subsidiary
Section 219(a) covers a subsidiary of the company, its holding company, or a subsidiary of its holding company.
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Related questions
Giving an explanation known to be false during an investigation is punishable under s.229 Section 228 applies the inspection and investigation Chapter to which entities?Under s.227(b), a banker need not disclose affairs of whom?Section 227 lets a legal adviser withhold privileged communication except which detail?A company passes a special resolution for voluntary winding up. What is the effect on a s.Who first bears the expenses of an inspector's investigation under s.225(1)?If an inspector finds fraud gave undue benefit, the Government may apply to the Tribunal fOn an inspector's report, the Central Government may seek winding up on which ground under