Pls clarify,
If sharholder ask for copies of agm minutes and registers, In what mode co. can accept payment (cash/cheque/DD) ?
Can member ask for such copies without inspection?
2 Replies
Vikash Malhotra
(CA)
(29 Points)
Replied 20 August 2012
As to my knowledge the company can accept in any mode for payment.
A member can certainly ask for copies of the minutes without inspection.
Here is a link I referred to:
https://corporatecases.blogspot.com/2012/07/inspection-of-minutes-book-of-general.html
Thanks
Vikash
Pravin
(Associate)
(127 Points)
Replied 23 August 2012
CLB in sravy finance and investment pvt. ltd. v. Kumar's Metallurgical Corp Ltd. held that "The right under section 163 to seek copy of the registers accrures to a member who has carried out an inspection"
Condition precedent is that the person seeking copy should have inspected the register (HB stockholdings ltd. v. Jaiprakash Industries Ltd.
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