Companies Act 2014 section 779

When Director may exercise power to require company to produce books or documents

Section 779 sets out the circumstances in which the Corporate Enforcement Authority may direct a company to produce its books or documents for examination.

• The Authority may require production of books or documents where it needs to determine whether a formal inspector should be appointed to investigate the company.
• The power may be exercised where the company's affairs are being or have been conducted with intent to defraud creditors or members, or for any other fraudulent, unlawful, or unfairly prejudicial purpose.
• The power also applies where any acts or omissions by the company or its officers are, have been, or are likely to be unlawful or unfairly prejudicial to members or creditors.
• The Authority may also act where the company may hold books or documents containing information relating to another body that falls within any of the above circumstances.

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