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Dáil

Ceisteanna—Questions. Oral Answers. - Issue of Annual Balance Sheets.

asked the Minister for Industry and Commerce if he is aware that certain limited liability companies have refused to issue an annual balance sheet to their shareholders; and if he will take the necessary legislative steps to compel companies to do so.

Comment on this

Section 113, sub-section (3), of the Companies (Consolidation) Act, 1908, provides that any shareholder shall be entitled to be furnished with a copy of the balance sheet and auditors' report at a charge not exceeding 6d. for every hundred words; and Section 114 provides that, except in the case of a private company, or a company registered before the 1st July, 1908, holders of preference shares and debentures shall be similarly entitled. I am not aware of the refusal referred to by the Deputy, but if he will let me have particulars of any contravention of the statutory provisions, I will take suitable action.

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