Skip to content

CA Intermediate · Corporate and Other Laws · Management & Administration

Mehta Steels Ltd, a public company, must maintain statutory registers. Which of the following statements about inspection of the register of members is correct under the Companies Act, 2013?

The register of members is open to inspection by members without charge and by any other person on payment of the prescribed fee. It is not restricted to directors, and no Tribunal permission is needed for ordinary inspection.

  1. AMembers may inspect it free of charge, while other persons may inspect it on payment of the prescribed feeCorrect
  2. BOnly members may inspect it, and only on payment of a fee
  3. CNobody other than directors may inspect it
  4. DIt may be inspected only with prior permission of the Tribunal

Explanation

The register of members and index are open to inspection by any member free of charge, and by any other person on payment of the prescribed fee. Members and others may also take copies on payment. Hence options B, C and D, which restrict access, are incorrect.

Did you get it right without looking?

One question tells you little. A timed set on Management & Administration shows your real accuracy, how long you take and where you lose marks.

Practise Management & AdministrationFree diagnostic mock

More Management & Administration questions