Section 399 of CA 2013 : Section 399: Inspection, Production And Evidence Of Documents Kept By Registrar

Explanation using Example

Imagine that John is an investor who is considering investing in a company named XYZ Pvt. Ltd. He wants to do his due diligence before making any investment decision. To gather information about the company, John decides to use his rights under Section 399 of the Companies Act, 2013.

John goes to the office of the Registrar of Companies (RoC) and requests to inspect the documents of XYZ Pvt. Ltd. by electronic means. He pays the prescribed fee and is able to access the company's incorporation certificate, its annual returns, and other relevant documents filed with the RoC.

Additionally, John requires a certified copy of the incorporation certificate of XYZ Pvt. Ltd. for his records. He submits a request to the Registrar and pays the advance fee as prescribed. The Registrar provides John with a certified copy, which John can use as evidence in any legal proceedings, as it is considered of equal validity with the original document as per subsection (3) of Section 399.

John's actions are in compliance with the rights conferred by Section 399, allowing him to inspect and obtain certified documents of a company from the Registrar, which helps him make an informed investment decision.