Section 52: Section 248 of the Companies Act, 2009 is amended as

(a) in subsection (9) by repealing and replacing subsection – “(9) If default is made in complying with subsection (1) or (2), or if any inspection required under this section is refused, or any copy required thereunder is not filed within a reasonable time, the company and every officer of the company who is in default shall be liable to a default fine not exceeding Le5,000,000.00 and i f defa ult i s made in complying with subsection (8) of this section the company and every officer of the company who is in default shall be liable to a default fine not below Le 3,000,000 and not exceedin g Le6,000,000.00” (b) in subsection (10) by deleting and substituting– (i) the word “court” with the word “Commission” (ii) the word “order” with the word “directive” PART XI- PROTECTION OF MINORITYAGAINST ILLEGAL AND OPPRESSIVE CONDUCT Action by or against company