Section 119 of CA 2013 : Section 119: Inspection Of Minute-Books Of General Meeting

CA 2013

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Explanation using Example

Imagine that Mr. Sharma is a shareholder in ABC Pvt. Ltd. He wants to review the minutes of the last Annual General Meeting (AGM) to understand the discussions and decisions made by the company. According to Section 119 of the Companies Act, 2013:

  • Mr. Sharma can visit the registered office of ABC Pvt. Ltd. during business hours and inspect the minutes book without any charge.
  • The company must allow him at least two hours on each business day for this inspection, thou...

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