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    <title>1947 (3) TMI 23 - HIGH COURT OF BOMBAY</title>
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    <description>Section 130(2) grants a director a statutory right to inspect the company&#039;s books; that right may be exercised through a properly chosen agent provided the agent is not reasonably objectionable and gives an undertaking to use the information solely for the director&#039;s purposes, applying analogous principles from partnership and trade union inspection jurisprudence. Articles purporting to require company permission for such inspection are ultra vires to the extent they curtail the statutory right. Allegations of mala fide motive can defeat inspection but must be pleaded or established; absent that, inspection via a proper agent should be allowed.</description>
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    <pubDate>Tue, 18 Mar 1947 00:00:00 +0530</pubDate>
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      <title>1947 (3) TMI 23 - HIGH COURT OF BOMBAY</title>
      <link>https://www.taxtmi.com/caselaws?id=96957</link>
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      <pubDate>Tue, 18 Mar 1947 00:00:00 +0530</pubDate>
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