Companies Act 2014
|
Company reports on investigation | ||
|
1065. (1) On the conclusion of an investigation carried out by a PLC in pursuance of a requisition under section 1064 , the PLC shall cause a report of the information received in pursuance of that investigation to be prepared. | ||
(2) Where— | ||
(a) a PLC undertakes an investigation in pursuance of a requisition under section 1064 , and | ||
(b) the investigation is not concluded before the end of the period of 3 months falling after the date of the deposit of the requisition, | ||
the PLC shall cause to be prepared, in respect of that period and each successive period of 3 months ending before the conclusion of the investigation, an interim report of the information received during that period in pursuance of the investigation. | ||
(3) The PLC shall, within 3 days after the date of making any report prepared under this section available for inspection in accordance with Chapter 10 of Part 4 (as adapted by section 1069 ), notify the requisitionists that the report is so available. | ||
(4) An investigation carried out by a company in pursuance of a requisition under section 1064 shall be regarded for the purposes of this section as concluded when— | ||
(a) the PLC has made all such inquiries as are necessary or expedient for the purposes of the requisition; and | ||
(b) in the case of each such inquiry— | ||
(i) a response has been received by the PLC; or | ||
(ii) the time allowed for a response has elapsed. | ||
(5) If default is made by a PLC in complying with subsection (1), (2) or (3), the PLC and any officer of it who is in default shall be guilty of a category 3 offence. |