Shantilal, a customer of Cotton Textile Pvt. Ltd. intends to apply in writing to the company for inspection of its latest Annual Return and extracts thereof. If the company rejects his application as he is not a member o

Inspection of Annual Return - Section 94 read with Rule 14 of the Companies (Management & Administration) Rules, 2014 Copies of Annual returns prepared pursuant to Section 92, shall be open for inspection during business hours, of not less than two hours on every working day as the board may decide, by any member, debenture holder, other security holder or beneficial owner without payment of fee and by any other person on payment of such fee as may be specified in the articles of association of the company but not exceeding 50 rupees for each inspection. Any such member, debenture holder, security holder or beneficial owner or any other person may require a copy of return on payment of such fee as may be specified in the articles of association of the company but not exceeding 10 rupees for each page. Such copy of return shall be supplied within 7 days of deposit of such fee. The Central Government may also, by order, direct an immediate inspection of the document, or direct that the extract required shall forthwith be allowed to be taken by the person requiring it. Return to be Evidence - Section 95 Copies of annual returns maintained under Section 94 of the Companies Act, 2013 shall be prima facie evidence of any matter directed or authorised to be inserted therein by or under the Companies Act, 2013. Shantilal falls in the category of 'Other Person' entitled for inspection of annual return and extracts thereof on payment of prescribed fees. If the company rejects his application, he can seek the relief from the Central Government.