Section 363 CAMA 2020

Section 363 Companies and Allied Matters Act is about Inspector’s report. It is under Chapter 13 (Protection of minority against illegal and oppressive conduct action by or against the company) of the Act.

(1) The inspector may, and if so directed by the Commissionshall, make interim reports to the Commission, and on the conclusion of his investigation shall make a final report to it and any such report shall be writtenor printed, as the Commission may direct.

(2) The Commission may direct that a copy of the inspector’s report be forwarded to the company at its registered or head office.

(3) Where an inspector is appointed under section 357 in pursuance of an order of the Court, the Commission shall furnish a copy of any of its reports to the Court.

(4) In any other case, the Commission may, if it deems fit—

(a) furnish a copy on request and on payment of the prescribed fee to—

(i) any member of the company or other body corporate which is the subject of the report,

(ii) any person whose conduct is referred to in the report,

(iii) the auditors of that company or body corporate,

(iv) the applicants for the investigation, and

(v) any other person whose financial interests appear to the Commission to be affected by the matters dealt with in the report, whether as creditors of the company or body corporate, or otherwise ; and

(b) cause any such report to be printed and published.