LawgistThe British India Corporation Limited (Acquisition of Shares) Act
13Power of inspection
For the purposes of ascertaining whether any person claiming payment under this Act is a shareholder, the Commissioner shall have the right to--
(a) require any person, having the possession, custody or control, of any register or record of the Company, to produce such register or record before the Commissioner,
(b) require any person to make any statement or furnish any information which may be required by the Commissioner.
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ACQUISITION OF THE SHARES OF THE COMPANY
- 3 Transfer and vesting of shares of the Company in the Central Government
- 4 Management of the Company
- 5 Payment of amounts
- 6 Appointment of Commissioner of Payments
- 7 Payment by the Central Government to the Commissioner
- 8 Claims to be made to the Commissioner
- 9 Examination of claims
- 10 Admission or rejection of claims
- 11 Disbursement of money by the Commissioner to claimants
- 12 Undisbursed or unclaimed amount to be deposited to the general revenue account
- 13 Power of inspection
- 14 Power of Commissioner to inquire into disputes as to amount
- 15 Deposit of amount in court
