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Section 236 – The Companies Act,1956

The Companies Act, 1956

236. Application by members to be supported by evidence and power to call for security.

An application by members of a company 1[under sub-section (2) of section 235] shall be supported by such evidence as the2[3[Tribunal] may require] for the purpose of showing that the applicants have good reason for requiring the investigation; and the Central Government may, before appointing an inspector, require the applicants to give security, for such amount not exceeding one thousand rupees as it may think fit, for payment of the costs of the investigation.

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1. Subs. by Act 31 of 1988, sec. 37, for “under clause (a) or (b) of section 235” (w.e.f. 31-5-1991).

2. Subs. by Act 31 of 1988, sec. 37, for “Central Government may require” (w.e.f. 31-5-1991).

3. Subs. by Act 11 of 2003, sec. 29, for “Company Law Board”.

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The Companies Act, 1956

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