432 Other company investigations

432  Other company investigations

(1)     The Secretary of State shall appoint one or more competent inspectors to investigate the affairs of a company and [report the result of their investigations to him], if the court by order declares that its affairs ought to be so investigated.

(2)     The Secretary of State may make such an appointment if it appears to him that there are circumstances suggesting—

(a)     that the company's affairs are being or have been conducted with

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