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Version status: Repealed | Document consolidation status: Updated to reflect all known changes
Version date: 1 June 2015 - onwards
  Version 5 of 5    

7. Investigation of company's affairs.

Repealed from 1 June 2015

(1) The court may appoint one or more competent inspectors to investigate the affairs of a company in order to enquire into matters specified by the court and to report thereon in such manner as the court directs -

(a) in the case of a company having a share capital, on the application either of not less than 100 members or of a member or members holding not less than one-tenth of the paid up share capital of the company;

(b) in the case of a company not having a share capital, on the application of not less than one-fifth in number of the persons on the company's register of members;

(c) in any case, on the application of the company;

(d) in any case, on the application of a director of the company;

(e) in any case, on the application of a creditor of the company.

(2) The application shall be supported by such evidence as the court may require, including such evidence as may be prescribed.

(3) Where an application is made under this section, the court may require the applicant or

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