law: Companies Act, 2013 
  213.
  
    Investigation
  
  into companyÆs affairs in other cases.
  The
  
  Tribunal may,Ś
  a.      on an application
  
  made byŚ
               
  
   i.        
  
    not
  
  less than one hundred members or members holding not less than one-tenth of the
  
  total voting power, in the case of a company having a share capital; or
              
  
   ii.        
  
    not
  
  less than one-fifth of the persons on the companyÆs register of members, in the
  
  case of a company having no share capital, and supported by such evidence as
  
  may be necessary for the purpose of showing that the applicants have good
  
  reasons for seeking an order for conducting an investigation into the affairs
  
  of the company; or
  a.    
  b.     on an application
  
  made to it by any other person or otherwise, if it is satisfied that there are
  
  circumstances suggesting thatŚ
               
  
   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, order, after giving a reasonable opportunity of
  
  being heard to the parties concerned, that the affairs of the company ought to
  
  be investigated by an inspector or inspectors appointed by the Central
  
  Government and where such an order is passed, the Central Government shall
  
  appoint one or more competent persons as inspectors to investigate into the
  
  affairs of the company in respect of such matters and to report thereupon to it
  
  in such manner as the Central Government may direct:
  Provided
  
  that if after investigation it is proved thatŚ
               
  
   i.        
  
    the
  
  business of the company is being conducted with intent to defraud its
  
  creditors, members or any other persons or otherwise for a fraudulent or
  
  unlawful purpose, or that the company was formed for any fraudulent or unlawful
  
  purpose; or
              
  
   ii.        
  
    any
  
  person concerned in the formation of the company or the management of its
  
  affairs have in connection therewith been guilty of fraud, then, every officer
  
  of the company who is in default and the person or persons concerned in the
  
  formation of the company or the management of its affairs shall be punishable
  
  for fraud in the manner as provided in section 447.