Sri Lanka Consolidated Acts

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Companies Act (No. 17 of 1982) - Sect 431

Registrar's power to call for information and to inspect books, registers and documents

431.
(1) The Registrar may, by written notice, direct any company (
a) to furnish before a date specified in the notice such information relating to the company as the Registrar may require for any purpose of this Act or such information or explanations as the Registrar may by the notice require in respect of any particulars stated in any return, declaration, or other document furnished by the company ; and
(i) which have or should have been stated in any return, declaration or other document furnished by the company; or
(ii) which should have been stated in any return or other document which should have, but actually has not, been furnished by the company ; as at the date or dates specified in the notice ; and
(b) to produce before a date specified in the notice any book, register or other document kept or required to be kept by the company in connection with its business or transactions.
(2) Where default is made in complying with any direction given by the Registrar under the provisions of subsection (1), the company and every officer of the company who is in default shall be guilty of an offence and shall be liable to a default fine.


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