valid as on 02/12/2020

14.1.5-Companies (Inspection, Investigation and Inquiry) Rules,2014

5. Security.—
(1) The Central Government may before appointing an inspector under sub-section (3) of Section 210, require the applicant to give a security not exceeding twenty-five thousand rupees for payment of the costs and expenses of investigation as per the criteria given below—
S.N.     Turnover as per previous year balance sheet (Rs.)            Amount of security (Rs.)
1                   Turnover up to Rs. 50 crore                                                           Rs. 10,000
2                   Turnover more than Rs. 50 crore and up to 200 crore       Rs. 15,000
3                   Turnover more than Rs. 200 crore                                              Rs. 25,000

(2) The security shall be refunded to the applicant if the investigation results in prosecution.


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