Infolex Article: Section 206(5) of the Companies Act

Published On: 27/04/2020

Authors:

Lomesh Kiran Nidumuri
Tejas Shetty
Section 206 of the Companies Act, 2013 (the 'Act') gives the Registrar of Companies (the 'ROC') the power to call for information, inspect books and conduct inquiries in respect of any company. On a closer examination, the seemingly innocuous provision reveals that the power vested with the Government authorities are very wide and far-reaching, without any adequate fetters being placed on the powers conferred to the ROC. INDUSLAW's Lomesh Kiran Nidumuri and Tejas Shetty discuss.