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Section 236: Investigation of financial or other control of corporation

Companies Act · PART XV: INVESTIGATIONS

consolidated text (as at 2018, amended since). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.

236. Investigation of financial or other control of corporation (1) The Registrar— (a) may, where he is of opinion that there is reasonable ground to do so; and (b) shall, unless he is of opinion that the request is vexatious or unreasonable, at the request of a like number of applicants as is specified in section 232 (1), require an inspector to investigate— (i) the membership of a corporation; (ii) any other matter relating to the corporation for the purpose of determining the true persons who are or have been financially interested in the success or failure, real or apparent, of a corporation or able to control or materially influence its policy, [Issue 1] C35 – 142 Revised Laws of Mauritius and to make a report on his investigation in such form and manner as the Registrar may direct. (2) Subject to subsection (1), the powers of an inspector making an investigation under this section shall extend to the investigation of any circumstances which suggest the existence of an arrangement or understanding which, though not legally binding, is or was observed or likely to be observed in practice and which is relevant to the purposes of his investigation. (3) Where the Registrar is of opinion that there is good reason for not divulging the contents of the report or of any part thereof, he shall not be bound to furnish the corporation or any other person with a copy of a report by an inspector making an investigation under this section.

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