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Inspection powers require company officers to produce records and face penal consequences including removal and disqualification. Directors, officers and employees must produce books, records and information and assist a Registrar or inspector; the Registrar or inspector may copy documents, mark inspected books and exercise civil court powers to compel discovery, summon and examine persons and inspect company registers. Failure to comply attracts criminal penalties and leads to vacation of office and disqualification upon conviction.
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.
<h1>Inspection powers require company officers to produce records and face penal consequences including removal and disqualification.</h1> Directors, officers and employees must produce books, records and information and assist a Registrar or inspector; the Registrar or inspector may copy documents, mark inspected books and exercise civil court powers to compel discovery, summon and examine persons and inspect company registers. Failure to comply attracts criminal penalties and leads to vacation of office and disqualification upon conviction.
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