(1) When a scheme has been submitted to the Minister under this Part of this Act, the Minister may submit such scheme to some person nominated by him for investigation and report.
(2) When a scheme has been submitted to the Minister under this Part of this Act, a promoting company shall, when required by the Minister so to do, furnish to the Minister all such information, particulars and documents in relation to such promoting company as the Minister may require.
(3) If any promoting company fails to furnish any information, particulars or documents which such company is required by the Minister under the next preceding sub-section of this section to furnish, the Minister may, on the ground of such failure and without prejudice to his absolute discretion to refuse to approve of the scheme in relation to which the company so failing is one of the promoting companies, refuse to approve of such scheme.
(4) When a scheme has been submitted to the Minister under this Part of this Act,