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Legislation
Companies Act 2006

Crossheading Remedies in case of unauthorised donations or expenditure

  • Section 369 Liability of directors in case of unauthorised donation or expenditure
  • Section 370 Enforcement of directors' liabilities by shareholder action
  • Section 371 Enforcement of directors' liabilities by shareholder action: supplementary
  • Section 372 Costs of shareholder action
  • Section 373 Information for purposes of shareholder action
  1. Remedies in case of unauthorised donations or expenditure
  2. Information for purposes of shareholder action

Section 373 | Information for purposes of shareholder action

From legislation.gov.uk

(1)Where proceedings have been brought under section 370 in the name of a company by an authorised group, the group is entitled to require the company to provide it with all information relating to the subject matter of the proceedings that is in the company's possession or under its control or which is reasonably obtainable by it.

(2)If the company, having been required by the group to do so, refuses to provide the group with all or any of that information, the court may, on an application made by the group, make an order directing—

(a)the company, and

(b)any of its officers or employees specified in the application,

to provide the group with the information in question in such form and by such means as the court may direct.

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