Inspection rights for holding companies enable authorised representatives to examine subsidiary books and members to assert member rights. Holding companies may, by resolution, authorise named representatives to inspect a subsidiary's books of account during business hours, and members of the holding company may exercise the statutory membership rights in relation to a subsidiary as if they alone were its members; the provision establishes an inspection entitlement for authorised representatives and an ability for holding-company members to exercise member rights over subsidiaries.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Inspection rights for holding companies enable authorised representatives to examine subsidiary books and members to assert member rights.
Holding companies may, by resolution, authorise named representatives to inspect a subsidiary's books of account during business hours, and members of the holding company may exercise the statutory membership rights in relation to a subsidiary as if they alone were its members; the provision establishes an inspection entitlement for authorised representatives and an ability for holding-company members to exercise member rights over subsidiaries.
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