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COMPANIES ACT (NORTHERN IRELAND) 1960 - SECT 158

158.(1) The Ministry may appoint one or more competent inspectors to
investigate the affairs of a company and to report thereon in such manner as
the Ministry directs

(a)in the case of a company having a share capital, on the application either
of not less than two hundred members or of members holding not less than
one-tenth of the shares issued;

(b)in the case of a company not having a share capital, on the application of
not less than one-fifth in number of the persons on the company's register of
members.

(2) The application shall be supported by such evidence as the Ministry may
require for the purpose of showing that the applicants have good reason for
requiring the investigation, and the Ministry may, before appointing an
inspector, require the applicants to give security, to an amount not exceeding
one hundred pounds, for payment of the costs of the investigation.

© 1960 Crown Copyright

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