State the powers of the inspection appointed to investigate the affairs of the company.
ANSWER
• To investigate the holding or subsidiary company if the same is necessary of the investigation.
• To administer oath.
• To examine persons on oath.
• To compel officers or agents of the company to produce books or documents of the company.
• To apply to the court to have persons whom he has no power to examine to be examined in court for purposes of the investigation.