A person who is not a member of a company wants to see its memorandum and articles filed with the Registrar. What does section 399 of the Companies Act, 2013 allow?
Question and options
A person who is not a member of a company wants to see its memorandum and articles filed with the Registrar. What does section 399 of the Companies Act, 2013 allow?
He may inspect them electronically on paying the prescribed fee
He may inspect them after obtaining an order of the Tribunal
He may inspect them if he holds debentures of the company
He may inspect them after obtaining the consent of the Board
Answer and explanation
Section 399(1) of the Companies Act, 2013 lets any person inspect by electronic means the documents kept by the Registrar and obtain copies, on payment of the prescribed fees. No Board consent, Tribunal order or holding of securities is required, because filed documents are public records.
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