Section 214 of Companies Act, 2013

214. Security for payment of costs and expenses of investigation

Where an investigation is ordered by the Central Government in pursuance of

clause (b) of sub-section (1) of section 210, or in pursuance of an order made by the Tribunal

under section 213, the Central Government may before appointing an inspector under subsection

(3) of section 210 or clause (b) of section 213, require the applicant to give such

security not exceeding twenty-five thousand rupees as may be prescribed, as it may think fit,

for payment of the costs and expenses of the investigation and such security shall be

refunded to the applicant if the investigation results in prosecution.

Complete: companies-act-2013