Investment Intermediaries Act, 1995
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Power of inspector to extend investigation. |
67.—Where an inspector appointed under section 66 of this Act to investigate the affairs of an investment business firm or any subsidiary or other associated or related undertaking thinks it necessary for the purposes of his investigation to investigate the affairs of any other investment business firm or any body corporate or any undertaking which is or was at any relevant time a subsidiary or an associated undertaking or related undertaking of the first-mentioned investment business firm, he shall, with the approval of the Court, have power to do so, and shall report on the affairs of the other investment business firm or body corporate or undertaking or associated undertaking or related undertaking so far as he thinks the results of his investigation are relevant to the investigation of the affairs of the first-mentioned investment business firm. |