Hometime

Hometime · Alberta legislation

MHHS Minimum Housing and Health Standards

MHHS · Companies Act

Part 6 — Management and Administration Division 1 Membership

177 Division 14 Inspection Inspectors appointed by Court

Current to 2022-12-15 · Official PDF

(1) On an application by the shareholders of a company
holding shares representing not less than 10% of the issued capital
of the company, or on an application of at least 10% of the
members of a company without share capital, the Court may
RSA 2000

appoint an inspector to investigate the affairs and management of
the company or may appoint a person to audit its books.
(2) Repealed 2020 c25 s2(81).
(3) The Court may require the applicants to give security to cover
the probable cost of the investigation or audit and may make rules
and prescribe the manner in which and the extent to which the
investigation or audit is to be conducted.
(4) The expense of the investigation may, in the discretion of the
Court, be defrayed by the company, the applicants or both parties.
(5) A company may, by resolution passed at an annual meeting or
at a general meeting called for that purpose, appoint an inspector to
investigate its affairs and management.
(6) The inspector appointed under subsection (5) has the same
powers and shall perform the same duties as an inspector appointed
under subsection (1).
(7) Repealed 2020 c25 s2(81).
(8) Any such inspector or auditor may examine on oath the
officers, agents and employees of the company in relation to its
affairs and management.
(9), (10) Repealed 2020 c25 s2(81).
RSA 2000 cC-21 s177;2020 c25 s2(81)