Acts and Regulations

C-13 - Companies Act

Full text
Liability for failure to maintain books
107The directors of every company that neglects to keep such book or books as aforesaid, and any director or officer who refuses to permit any person entitled thereto to inspect the books, or make extracts therefrom, shall forfeit and pay to the party aggrieved the sum of fifty dollars, and in case the amount is not paid within ten days after judgment is recovered therefor, the court in which the judgment is recovered, or a judge thereof, may make an order for the imprisonment of the offender for any period not exceeding three months, unless the amount with costs is sooner paid, and such offender may be imprisoned accordingly, and does not have privilege of bail.
R.S., c.33, s.106
Liability for failure to maintain books
107The directors of every company that neglects to keep such book or books as aforesaid, and any director or officer who refuses to permit any person entitled thereto to inspect the books, or make extracts therefrom, shall forfeit and pay to the party aggrieved the sum of fifty dollars, and in case the amount is not paid within ten days after judgment is recovered therefor, the court in which the judgment is recovered, or a judge thereof, may make an order for the imprisonment of the offender for any period not exceeding three months, unless the amount with costs is sooner paid, and such offender may be imprisoned accordingly, and does not have privilege of bail.
R.S., c.33, s.106