THE CORPORATIONS LAW
PART 13 - THE CORPORATIONS LAW
THE CORPORATIONS LAW 82 The Corporations Law is as follows:...
CHAPTER 2L - DEBENTURES
PART 2L.2 - DUTIES OF BORROWER
(i) a debenture holder; or
(ii) the trustee;if they request a copy; and (c) make all of its financial and other records available for inspection by:
(i) the trustee; or
(ii) an officer or employee of the trustee authorised by the trustee to carry out the inspection; or
(iii) a registered company auditor appointed by the trustee to carry out the inspection;and give them any information, explanations or other assistance that they require about matters relating to those records.
Note:
The borrower also has a duty to call a meeting of debenture holders in certain circumstances (see section 260KA).This information is provided by CCH Australia Limited Link opens in new window. View the disclaimer and notice of copyright.