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Welcome To BSRT & CO.

Expenses of investigation

(1) The expenses of, and incidental to, an investigation by an inspector appointed by the Central Government under this Chapter other than expenses of inspection under shall be defrayed in the first instance by the Central Government, but shall be reimbursed by the following persons to the extent mentioned below, namely:—

(a)   any person who is convicted on a prosecution instituted, or who is ordered to pay damages or restore any property in proceedings brought, under , to the extent that he may in the same proceedings be ordered to pay the said expenses as may be specified by the court convicting such person, or ordering him to pay such damages or restore such property, as the case may be;
(b)   any company or body corporate in whose name proceedings are brought as aforesaid, to the extent of the amount or value of any sums or property recovered by it as a result of such proceedings;
(c)   unless, as a result of the investigation, a prosecution is instituted under,—
(i)   any company, body corporate, managing director or manager dealt with by the report of the inspector; and
(ii)   the applicants for the investigation, where the inspector was appointed under ,

to such extent as the Central Government may direct.

 

(2) Any amount for which a company or body corporate is liable under clause (b) of sub-section (1) shall be a first charge on the sums or property mentioned in that clause.

Service Areas

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Digital Signature

A Digital Signature is the equivalent of a physical signature in electronic format, as it establishes the identity of the... Read more

Financial Services

We offer comprehensive manual or computerized bookkeeping systems maintained by trained accounting... Read more

Legal Services

We offer comprehensive manual or computerized bookkeeping systems maintained by trained accounting... Read more

Trademark / Copyright Application

We offer comprehensive manual or computerized bookkeeping systems maintained by trained accounting... Read more

Bank Loan Syndication

A syndicated loan is a loan made by a group of lenders who share or participate in a specific loan given to... Read more

Services Tax Registration

We offer comprehensive manual or computerized bookkeeping systems maintained by trained accounting... Read more

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Business Consulting

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Latest News

New Tax Rates
New Tax Rates

The Reserve Bank of India will shortly issue Rs. 2000 denomination banknotes in the Mahatma Gandhi (New) Series, with

Defending Your Client
Defending Your Client

The Reserve Bank of India will shortly issue Rs. 2000 denomination banknotes in the Mahatma Gandhi (New) Series, with

Issue of Rs. 2000 banknotes
Issue of Rs. 2000 banknotes

The Reserve Bank of India will shortly issue Rs. 2000 denomination banknotes in the Mahatma Gandhi (New) Series, with

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