Inspection rights restricted: persons entitled under section 399 are barred from inspecting or copying specified company resolutions. The amendment alters section 117(3) by deleting the terminal 'and' in clause (g) and inserting a proviso that persons entitled under section 399 shall not ... Summary
Inspection rights restricted: persons entitled under section 399 are barred from inspecting or copying specified company resolutions.
The amendment alters section 117(3) by deleting the terminal 'and' in clause (g) and inserting a proviso that persons entitled under section 399 shall not be entitled to inspect or obtain copies of such resolutions, thereby precluding inspection and copying of specified company resolutions by those who might otherwise claim rights under the inspection provision.
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