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Rule 5: Security · Complied AI

Chapter 32
Rule 5

Rule 5Chapter 32

Security

(1)

The Central Government may before appointing an inspector under sub-section (3) of Section 210, require the applicant to give a security not exceeding twenty-five thousand rupees for payment of the costs and expenses of investigation as per the criteria given below—

S.N. Turnover as per previous year balance sheet (Rs.) Amount of security (Rs.)

1 Turnover up to Rs. 50 crore Rs. 10,000

2 Turnover more than Rs. 50 crore and up to 200 crore Rs. 15,000

3 Turnover more than Rs. 200 crore Rs. 25,000

(2)

The security shall be refunded to the applicant if the investigation results in prosecution.

Rule 4 Rule 5 Rule 6