During an investigation under Chapter XIV of the Companies Act, 2013, a company proposes to punish one of its employees. Under section 218, whose approval must it obtain?
Question and options
During an investigation under Chapter XIV of the Companies Act, 2013, a company proposes to punish one of its employees. Under section 218, whose approval must it obtain?
The National Company Law Tribunal
The Registrar of Companies
The Central Government
The High Court
Answer and explanation
Section 218 of the Companies Act, 2013 requires the company to obtain the Tribunal’s approval before discharging, suspending, punishing or otherwise changing the conditions of employment of an employee during the investigation or related proceedings. The Central Government orders investigations, but approval of action against employees lies with the Tribunal.
Practice for these exams
-
All India Bar Examination (AIBE)
Subject revision
See pack details on LawMint.net -
UGC NET Law
Subject revision
See pack details on LawMint.net -
IIT Kharagpur LL.M. Entrance
Subject revision
See pack details on LawMint.net -
CLAT PG
Subject revision for a passage-based exam
-
CUET PG Law (LL.M.)
Subject revision
-
AILET PG
Subject revision
-
Bihar Judicial Services
Subject revision
Related exam syllabi
More solved explanations in Inspection, investigation & SFIO
- Which principle of interpretation has been adopted by the court for the interpretation of section 212(3) of the Companies Act, 2013?
- The Central Government has been empowered to conduct investigation into the affairs of the company under section 210 of the Companies Act 2013 (i) On the report of…
- As per the provision of section 211(3) of the Companies Act, 2013, Director of Serious Fraud Investigation Office, shall be an officer not below the rank of a…
- Considering the expression ofsection 212(6) of the Companies Act, 2013, an offence under section 447 of the Companies Act, 2013 shall be
- The expression 'officers and employees' under section 212(5) of the Companies Act, 2013 denotes