Section 112 Companies and Allied Matters Act 2020

Section 112 CAMA 2020

Section 112 Companies and Allied Matters Act is about Inspection of register and index. It is under Chapter 6 (Membership of the Company) of PART B (Incorporation of Companies and Incidental Matters) of the Act.

Inspection of register and index

(1) Except when the register of members is closed under the provisions of this Act, the register and the index of members’ names shall be open during business hours (subject to such reasonable restrictions as the company in general meeting may impose, that not less than two hours in each day shall be allowed for inspection) to the inspection of any member of the company without charge.

(2) A member or any person may, with the permission of the company which permission shall not be unreasonably withheld require a copy of the register, or of any part, on payment of such amount the Commission may prescribe or such lesser amount the company may prescribe for every page required to be copied, and the company shall cause any copy required by any person to be duly endorsed by an officer of the company and sent to that person within a period of 10 days commencing on the day after the day on which the requirement is received by the company :

Provided that the Commission may require such copy without any restriction or charge.

(3) If any inspection required under this section is refused, or if any copy required under this section is not sent within the prescribed period, the company and every officer of the company is liable in respect of each default to such penalties as the Commission shall specify by regulation.

See also  Section 70 Companies and Allied Matters Act 2020

(4) Notwithstanding the provisions of subsection (3), the Court may by order compel an immediate inspection of the register and index or direct that the copies required shall be sent to the persons requiring them

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