Companies. [Ch. 31. No.1.

bankers and solicitors of the company and any persons
employed by the company as auditors, whether those
persons are or are not officers of the company.

135. (1) A company may by special resolution appoint
inspectors to investigate its affairs.

(2) Inspectors so appointed shall have the same
powers and duties as inspectors appointed by the Governor
in Council except that, instead of reporting to the Governor
in Council, they shall report in such manner and to such
persons as the company in general meeting may direct.

(3) If any officer or agent of the company refuses to
produce to the inspectors any book or document which it is
his duty under this section so to produce, or refuses to
answer any question which is put to him by the inspectors
with respect to the affairs of the company, he shall be liable
to be proceeded against in the same manner as if the
inspectors had been inspectors appointed by the Governor
in Council.

136. A copy of the report of any inspectors appointed
under this Ordinance, authenticated by the seal of the
company whose affairs they have investigated, shall be
admissible in any legal proceeding as evidence of the opinion
of the inspectors in relation to any matter contained in the
report.

Directors and managers.

137. (1) Every company registered after the commence-
ment of this Ordinance shall have at least two directors.

(2) Thissection shall not apply toa private company.

138. (1) A person shall not be capable of being appointed
director of a company by the articles, and shall not be
named as a director or proposed director of a company in a
prospectus issued by or on behalf of the company, or as
proposed director of an intended company in a prospectus
issued in relation to that intended company, or in a state-
ment in lieu of prospectus delivered to the Registrar by or
on behalf of a company, unless, before the registration of the
articles or the publication of the prospectus, or the delivery

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Power of
company to
appoint
inspectors.

Report of
inspectors to
be evidence.

Number of
directors.

Restrictions
on appoint-
ment or
advertise-
ment of
director.