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[Cites 0, Cited by 0] [Section 240] [Entire Act]

Union of India - Subsection

Section 240(1B) in The Companies Act, 1956

(1B)The inspector may keep in his custody any books and papers produced under sub-section (1) or sub-section (1-A) for six months and thereafter shall return the same to the company, body corporate, firm or individual by whom or on whose behalf the books and papers are produced:Provided that the inspector may call for the books and papers if they are needed again:Provided further that if certified copies of the books and papers produced under sub-section (1-A) are furnished to the inspector, he shall return those books and papers to the body corporate concerned.] [Inserted by Act 31 of 1965, Section 25 (w.e.f. 15.10.1965) ]