Section XLVIII

Examination of affairs of Company by Inspectors appointed by the local Government.

The Joint-stock Companies Act, 1857

  • Act 19 of 1857
  • Ministry of Corporate Affairs
About this Act

An Act to make better provision for the order and good government of the Suburbs of Calcutta and of the station of Howrah.

All sections
    Upon the application of one-fifth in number and value of the shareholders of any Company registered under this Act, the local Government may appoint one or more competent Inspectors to examine into the affairs of the Company, and to report thereon in such manner as the local Government directs.
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