Companies (Amendment) Act, 1990
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Examination of affairs of company. |
15.—(1) It shall be the duty of an examiner to conduct an examination of the affairs of the company to which he is appointed and report to the court, within 21 days of his appointment or such longer period as the court may allow, the results of his examination in accordance with section 16 . | |
(2) Notwithstanding any other provision of this Act the court may impose on the examiner such other duties as it deems appropriate. | ||
(3) The examiner shall deliver a copy of his report under this section to the company on the same day as his delivery of such report to the court. | ||
(4) The examiner shall also supply a copy of his report under this section to any interested party on written application, provided that such supply may, if the court so directs, be subject to the omission of such parts of the report as the court thinks fit. | ||
(5) The court may, in particular, give a direction under subsection (4) if it considers that the inclusion of certain information in the report to be supplied under that subsection would be likely to prejudice the survival of the company, or the whole or any part of its undertaking. |