111.
(1) The register of members, commencing from the date of the registration" of the company and the index of the names of members shall, except when duly closed (but subject to such reasonable restrictions as the company may in general meeting impose, so that not less than two hours in each day shall be allowed for inspection), be open to the inspection of any member without charge and of any other persons on payment of one rupee or such less sum as the company may specify for each inspection. |
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(2) Any member or other person may require a copy of the register, or of any part thereof, on payment of such sum not exceeding one rupee as the company may specify, for every hundred words or fractional part thereof required to be copied. |
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(3) Where any inspection required under the provisions of this section is refused or if any copy required under the provisions of this section is not sent within the proper period, the company and every officer of the company who is in default shall be guilty of an offence and shall be liable in respect of each offence to a fine not exceeding one thousand rupees and further to a default fine of two hundred and fifty rupees for every day during which the default continues. |
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(4) In the case of any such refusal or default, 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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