Section 167, The Companies Act, 2009

(1) Every register of holders of debentures of a companyshall,except when duly closed (but subject to such reasonable restrictions as the company may in general meeting impose, so that not less than two hours each day shall be allowed for inspection), be open to the inspection of the registered holders of such debentures or any holder of shares in the company without fee, and of any other person on payment of such fee not exceeding Le5,000 as may be determined by the company. Company to keep copies of instruments creating Company’s register and copies of instruments. debenture. debentures 116 117 (2) Any registered holder of debentures or any other person may require a copy of the register of the holders of debentures of the company or any part thereof on payment of such fees not exceeding Le.10,000 as may be determined by the company. (3) A copy of any trust deed for securing any issue of debentures shall be forwarded to every holder of such debentures at his request on payment– (a) in the case of a printed trust deed, of such fee not exceeding Le10,000 as may be determined by the company; or (b) where the trust deed has not been printed, on payment of such fee not exceeding Le10,000 as may be determined by the (4) If inspection is refused, or a copy is refused or not forwarded, the company and every officer of the company who is in default shall be guilty of an offence and liable to a fine not exceeding Le3,000,000 and in case of a continuing default, to a further fine of Le500,000. for each day during which the default continues. (5) Where a company is in default, the court convicting may by order compel an immediate inspection of the register or direct that the copies required shall be sent to the person requiring them. (6) For the purposes of this section, a register shall be deemed to be duly closed in accordance with provisions contained in the articles or in the debentures or, in the case of debenture stock, in the stock certificates, or in the trust deed or other document securing the debentures or debenture stock, during such periods, not exceeding in the whole 30 days in any year as may be therein specified.