11EDuty to notify members of compliance with directions

11E Duty to notify members of compliance with directions

[Section 11E Inserted by No. 18 of 2025, s. 8, Applied:01 Jan 2026] If a board of directors or a subsidiary board is given a direction under section 11B in respect of a company or a subsidiary of a company, the relevant board must notify the members, in writing, of the progress of the company, or subsidiary, in complying with the direction –

(a) at the intervals specified in the direction; and

(b) when, in the opinion of the relevant board, the company or subsidiary has complied with the direction in full.