https://www.taxtmi.com/caselaws?id=292562 The right of inspection under section 419 of the Indian Companies Act, 1956 applies only to an existing employee, because the statutory language was found clear and the ordinary meaning of "employee" requires a continuing contract of service and master-servant relationship. Sections 417 and 418 did not indicate any legislative intent to extend that right to a former employee, and broader interpretations adopted under other statutes were distinguished as context-specific. As a result, an ex-employee cannot claim inspection of the bank's receipts and securities relating to the provident fund after termination of service. en-us Fri, 17 Feb 1961 00:00:00 +0530 Thu, 31 Dec 2020 11:06:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=292562 The right of inspection under section 419 of the Indian Companies Act, 1956 applies only to an existing employee, because the statutory language was found clear and the ordinary meaning of "employee" requires a continuing contract of service and master-servant relationship. Sections 417 and 418 did not indicate any legislative intent to extend that right to a former employee, and broader interpretations adopted under other statutes were distinguished as context-specific. As a result, an ex-employee cannot claim inspection of the bank's receipts and securities relating to the provident fund after termination of service. Case-Laws Companies Law Fri, 17 Feb 1961 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=292562