Duty to provide company constitutional documents on request; failure attracts statutory penalty on company and defaulting officers. A company must, on a member's request and subject to prescribed fees, send within seven days copies of the memorandum, the articles, and any agreement or resolution referred to in section 117(1) not embodied in those instruments. Failure to comply renders the company and every officer in default liable to a statutory monetary penalty for each day the default continues, subject to a prescribed maximum cap.
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.
Duty to provide company constitutional documents on request; failure attracts statutory penalty on company and defaulting officers.
A company must, on a member's request and subject to prescribed fees, send within seven days copies of the memorandum, the articles, and any agreement or resolution referred to in section 117(1) not embodied in those instruments. Failure to comply renders the company and every officer in default liable to a statutory monetary penalty for each day the default continues, subject to a prescribed maximum cap.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.