255 Investigation order

(1) A member or the Registrar may apply to the Court ex parte or upon such
notice as the Court may require, for an order directing that an
investigation be made of the company and any of its associated
companies.

(2) If, upon an application under subsection (1), it appears to the Court that
—

(a) the business of the company or any of its associates is or has been
carried on with intent to defraud any person;

(b) the company or any of its associates was formed for a fraudulent
or unlawful purpose or is to be dissolved for a fraudulent or
unlawful purpose; or


(c) persons concerned with the incorporation, business or affairs of
the company or any of its associates have or may have in
connection therewith acted fraudulently or dishonestly,

the Court may make any order it thinks fit with respect to an investigation
of the company and any of its associated companies by an inspector, who
may be the Registrar.

(3) If a member makes an application under subsection (1), he shall give the
Registrar reasonable notice of it, and the Registrar is entitled to appear
and be heard at the hearing of the application.

(4) An applicant under this section shall not be required to give security for
costs.