Inspection of minute-books of general meeting
(1)
The books containing the minutes of the proceedings of any general meeting of a companycompany or of a resolution passed by postal ballotpostal ballot , shall—
(a)
be kept at the registered office of the company ; and
(b)
be open, during business hours, to the inspection by any member without charge, subject to such reasonable restrictions as the company may, by its articles or in general meeting, impose, so, however, that not less than two hours in each business day are allowed for inspection.
(2)
Any member shall be entitled to be furnished, within seven working days after he has made a request in that behalf to the company, and on payment of such fees as may be prescribed, with a copy of any minutes referred to in sub-section (1).
(3)
If any inspection under sub-section (1) is refused, or if any copy required under sub-section (2) is not furnished within the time specified therein, the company shall be liable to a penalty of twenty-five thousand rupees and every officerofficer of the company who is in default shall be liable to a penalty of five thousand rupees for each such refusal or default, as the case may be.
(4)
In the case of any such refusal or default , the TribunalTribunal may, without prejudice to any action being taken under sub-section (3), by order, direct an immediate inspection of the minute-books or direct that the copy required shall forthwith be sent to the person requiring it. Notified on 01-06-2016
(5)
Articles means the articles of association of a company as originally framed or as altered from time to time or applied in pursuance of any previous company law or of this Act
Notes, amendments & references (5)
Refer rule 25 of the Companies (Management & Administration) Rules, 2014. To view the rule, Click Here
Refer rule 12 and Table annexed to the Companies (Registration Offices and Fees) Rules, 2014. To view the rule, Click Here
Refer rule 26 of the Companies (Management & Administration) Rules, 2014. To view the rule, Click Here
Refer Rule 75 National Company law Tribunal Rules 2016.To view the rule, Click Here
vide notification S.O 1934(E). To view the notification, Click Here