Inspection of books and records

(1) A member of a company incorporated under this Act may, in person or by attorney and in furtherance of a proper International Business Companies[CAP. 270 67 purpose, request in writing, specifying the purpose, to inspect during normal business hours the share register of the company or the books, records, minutes and consents kept by the company and to make copies or extracts therefrom. (2) For the purposes of sub-section (1), a proper purpose is a purpose reasonably related to the member’s interest as a (3) If a request under sub-section (1) is submitted by an attorney for a member, the request must be accompanied by a power of attorney authorising the attorney to act for the member. (4) If the company, by a resolution of directors, determines that it is not in the best interest of the company or of any other member of the company to comply with a request under sub- section (1), the company may refuse the request. (5) Upon refusal by the company of a request under sub- section (1), the member may, before the expiration of a period of 90 days of his receiving notice of the refusal, apply to the court for an order to allow the inspection.