No. 58 of 1911.
2071
111.-(1) A company may by special resolution appoint Powers of inspectors to investigate its affairs.
company to appoint inspectors.
(2) Inspectors so appointed shall have the same powers and duties as inspectors appointed by the court, except that, instead of reporting to the court, they shall report in such manner and to such persons as the company in general meeting may direct.
(3) Officers and agents of the company shall incur the like penalties in case of refusal to produce any book or document required to be produced to inspectors so appointed, or to answer any question, as they would have incurred if the inspectors had been appointed by the court.
be evidence,
112. A copy of the report of any inspectors appointed Report of under this Ordinance, authenticated by the seal of the company whose affairs they have investigated, shall be admissible in any legal proceeding as evidence of the opinion of the inspectors in relation to any matter contained in the report.
remuneration
C.
Edw. 7,
*
113.-(1) The Registrar of Companies shall prepare and publish by notification in the Gazette a list of the names of all such persons who, having made application to be appointed as auditors for the purposes of this Ordinance, are in his opinion qualified to perform the duties required by this Ordinance to be performed by an auditor. The Registrar of Companies may in his discretion add to such list the names of any other persons whom he may deem to be qualified, as aforesaid, and he may remove from such list any names. All such alterations shall be published in the Gazette. Such list as altered from time to time shall be deemed to be the list of authorised auditors, and no person other than those whose names are included in such list shall be appointed to be an auditor under the provisions of this Ordinance. Any decision of the Registrar of Companies under this sub-section shall be subject to an appeal to the court.
(2) Every company shall at each annual general meeting appoint an auditor or auditors to hold office until the next annual general meeting.
* As amended by No. 22 of 1913, No. 31 of 1915 and Law Rev. Ord., 1924.
COMPANIES.
No. 58 of 1911.
2071
111.-(1) A company may by special resolution appoint Powers of inspectors to investigate its affairs.
company to appoint inspectors.
(2) Inspectors so appointed shall have the same powers 8 Edw. 7, and duties as inspectors appointed by the court, except that, c. 69, s. 110. instead of reporting to the court, they shall report in such manner and to such persons as the company in general meeting may direct.
(3) Officers and agents of the company shall incur the like penalties in case of refusal to produce any book or document required to be produced to inspectors so appointed, or to answer any question, as they would have incurred if the inspectors had been appointed by the court.
be evidence,
112. A copy of the report of any inspectors appointed Report of under this Ordinance, authenticated by the seal of the inspectors to company whose affairs they have investigated, shall be 8 Edw. 7, admissible in any legal proceeding as evidence of the opinion c. 69, s. 111. of the inspectors in relation to any matter contained in the report.
remuneration
C.
Edw. 7,
*
113.-(1) The Registrar of Companies shall prepare and Appoint- publish by notification in the Gazette a list of the names of all ment and such persons who, having made application to be appointed of auditors. auditors for the purposes of this Ordinance, are in his opinion 8 - 7112. qualified to perform the duties required by this Ordinance to be performed by an auditor. The Registrar of Companies may in his discretion add to such list the names of any other persons whom he may deem to be qualified, as afore- said, and he may remove from such list any names. All such alterations shall be published in the Gazette. Such list as altered from time to time shall be deemed to be the list of authorised auditors, and no person other than those whose names are included in such list shall be appointed to be an auditor under the provisions of this Ordinance. Any decision of the Registrar of Companies under this sub-section shall be subject to an appeal to the court.
(2) Every company shall at each annual general meeting appoint an auditor or auditors to hold office until the next animal general meeting.
* As amended by No. 22 of 1913, No. 31 of 1915 and Law Rev. Ord., 1924.
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