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[Cites 0, Cited by 5] [Section 213] [Entire Act]

Union of India - Subsection

Section 213(b) in The Companies Act, 2013

(b)on an application made to it by any other person or otherwise, if it is satisfied that there are circumstances suggesting that—
(i)the business of the company is being conducted with intent to defraud its creditors, members or any other person or otherwise for a fraudulent or unlawful purpose, or in a manner oppressive to any of its members or that the company was formed for any fraudulent or unlawful purpose;
(ii)persons concerned in the formation of the company or the management of its affairs have in connection therewith been guilty of fraud, misfeasance or other misconduct towards the company or towards any of its members; or
(iii)the members of the company have not been given all the information with respect to its affairs which they might reasonably expect, including information relating to the calculation of the commission payable to a managing or other director, or the manager, of the company,