Power of shareholder to inspect books of account - NEPAL MONETARY SOLUTIONS (NMS)

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Sunday, April 6, 2014

Power of shareholder to inspect books of account

Power of shareholder to inspect books of account
(1) Any shareholder of a private company or his/her proxy may inspect the following documents or records related to the transactions of the company during office hours:

  • (a) Minute books of the general meeting and board of directors;

  • (b) Annual financial statements;

  • (c) Share register; and

  • (d) Accounts of the company.

(2) The director or officer of a private company shall make an adequate arrangement so that the shareholders could inspect the documents and records as referred to in Sub-section(1).

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