Companies Act (Cap. 386)

Companies Act (Cap. 386), article 406

Official PDF on legislation.mt

406. (1) If inspectors appointed under article 404 or article 405 to investigate the affairs of a company think it necessary for the purposes of their investigation to investigate also the aff airs of another body corporate which is or at any relevant time has bee n the company’s subsidiary or parent company, or a subsidiary of its parent company or a parent company of its subsidiary, they shal l have power to do so; and they shall report on the affairs of th e other body corporate so far as they think that the results of their investigation of its affairs are relevant to the investigation of the affairs of the first mentioned company. (2) Inspectors appointed under ar ticle 404 or article 405 may at any time in the course of their investigation, without the nece ssity 254 CAP. 386.] COMP ANIES of making an interim report, inform the Registrar of matters co ming to their knowledge as a result of the investigation tending to show the existence of a d efault or the commis sion of an offence. Production of documents and evidence to inspectors.

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Text read from the consolidated PDF published by Legislation Malta. Tables, figures and marginal notes may be incomplete or out of place: the official PDF is authoritative. General information, not legal, tax or accounting advice.