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 ... Summary
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.
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