Functions, duties and powers of inspector

Functions, duties, and powers of inspector

(1) The functions, duties, and powers of the inspector deputed or appointed pursuant to Section 121 shall be as follows:

• (a) in course of investigation, to require those officers or shareholders or the company, where existing or former, whom he/she considers appropriate ,or any other persons who are considered to have information relevant to the matter into which investigation is to be carried to appear before him/her and to record their statements; to obtain necessary information or other reasonable assistance;

• (b) to inspect the documents which are relevant for the purposes of investigation, or to seize or control any other things, or require any concerned person to produce such documents or things to him, or to take custody of such documents;

• (c) To investigate, or cause to be investigated, into whether the books of account of the company have been kept proper.

(2) Notwithstanding anything contained in the periling law, any matter or deposition expressed or made by any person before the inspector in the course of investigation pursuant to this Chapter shall be admissible as an evidence against that person.