Section 790 of The Companies Act No. 17 of 2015: Power of Court to direct conduct of investigation under this Division to be terminated

    

(1) The Court may direct an inspector appointed under section 786 and 787(1) to take no further action in conducting the investigation if—
(a) matters have come to light in the course of the inspector's investigation that suggest that a criminal offence has been committed; and
(b) those matters have been or are in the process of being referred to the Director of Public Prosecutions.
(2) If the Court gives a direction under this section, a direction already given to the inspector under section 798(1) to produce an interim report, any direction given to the inspector under section 789 in relation to such a report, ceases to have effect.
(4) If the Court gives a direction under this section, the inspector shall make a final report to the Court only if the Court directs the inspector to do so.
(5) An inspector shall comply with a direction given to the inspector under this section.
(6) In this section, a reference to an inspector's investigation includes an investigation that the inspector undertakes, or could undertake, under section 788.


Disclaimer: This document is not to be taken as legal advise.

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