Section 230: Declared companies

230. Declared companies Where the Minister is satisfied that— (a) for the protection of the public, the shareholders or creditors of a company, it is desirable that the affairs of the company should be investigated; (b) it is in the public interest that the affairs of a company should be investigated; or (c) in the case of a foreign company, the appropriate authority of another country had requested that a designation be made under this section in respect of the company, he may, by notice published in the Gazette, designate the company or foreign company to be a declared company.