All good points zog. " Section 247D of the Corporations Act...

All good points zog.

" Section 247D of the Corporations Act provides that the directors, or an ordinary resolution of shareholders, may authorise a shareholder to inspect the books of the company. The books of the company include the company register, financial reports or records, documents and any other record of information. The scope of section 247D is limited as the books of the company do not include minutes of directors meetings and other documents that may evidence how decisions of directors are made. Further, if a constitution provides that the replaceable rules do not apply to a company and a provision similar to section 247D is not inserted in the constitution then a minority shareholder may have to make an application to the court under section 247A for an order that the shareholder be authorized to inspect the books of the company. Section 247D may be varied in a company’s constitution to enable minority shareholders to access: "


I'd contribute to a fund to enable a VXL SHr to go over all the documentation.

Raider