Companies Act, 1973 (Act No. 61 of 1973)Chapter VII: Administration of CompaniesMinutes, Minute Books and Reports of Meetings206. Right of members to inspect minute books |
1) | Any minute book of a company kept under section 204 shall be open to inspection during business hours by any member of the company, without charge, at the registered office of the company or the office where it is made up, subject to such restrictions as may be provided for in the articles or imposed by the company in general meeting, but so that not less than two hours in each day shall be allowed for inspection. |
2) | Any member of a company shall be entitled to be furnished, within seven days after he has made a written request therefor to the company, with a copy of the minutes of the proceedings at any general meeting of the company, certified by the secretary or a director of the company as correct, at a charge not exceeding an amount of twenty-five cents for every page of the copy required. |
3) | If any inspection required under this section is refused or if any copy required under this section is not furnished within the proper time- |
a) | the Court may on application order that the minutes in question be made available for inspection or that the copy required be furnished immediately or within such period as the Court may direct and may order the costs of the application to be paid by any director or officer of the company who is responsible for the default; and |
b) | the company, and every director or officer thereof who knowingly is a party to the default, shall be guilty of an offence. |