The Companies Act No. 17 of 2015Section 505 of The Companies Act No. 17 of 2015: Power of Court to order company to make good failure to issue certain documents
(1) If a company is failing to comply with section 496 (1), any person claiming to be affected by the failure may serve on the company a notice requiring it to rectify the failure without delay and in any case within ten days after the service of the notice.
(2) If a company that is served with a notice served under subsection (1) fails to comply with the notice within ten days after the date of service, the person who served the notice may apply to the Court for an order under subsection (4).
(3) The company is entitled to be served with a copy of the application and to be heard at the hearing of the application by the Court.
(4) On the hearing of an application under subsection (2) and on being satisfied as to the company's failure to comply, the Court may make an order directing the company, and any of its officers, to rectify the failure within such period, or before such date, as may be specified in the order.
(5) Such an order may provide that all costs of, and incidental to, the application are to be borne by the company or by a specified officer of the company who was, in the opinion of the Court, responsible for the failure.
Check the current authoritative text and amendment history before relying on this provision.
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