Companies Act (Cap. 386), article 190

190. (1) If - (a) in respect of a company’s accounting period any of the requirements of article 182(1) has not been complied with before the end of the period prescribed by that article; and (b) the directors of the company fail to make good the default within fourteen days after the service of a notice on them requiring compliance, the court may, on application by any member or creditor of the company, or by the Registrar, mak e an order directing the direc tors, or any of them, to make good the default within such time as ma y be specified in the order. (2) The court’s order may provide that all costs of and incidental to the appl ication shall be bor ne by the directors. (3) Nothing in this article shall prejudice the provisions of th is Act relating to penalties for non-compliance. Application to other commercial partnerships. Amended by: IV . 2003.85; XVIII.2025.27.