Inspecting officer can have access to books of account of firm in which the company is partner - Companies Law - Letter: No. 7/9/74‑CL-II,

Letter: No. 7/9/74 ‑ CL-II, dated 24 ‑ 1 ‑ 1976. Subject:-I nspecting officer can have access to books of account of firm in which the company is partner Query: Whether the inspecting officer, during the course of inspection of a company, can have access to the books of account and other books and papers of a firm in which the company is a partner? Answer: Yes, it has been advised that when a company becomes a partner in the firm, it gets right under section 12 of the Indian Partnership Act to inspect and copy any of the books of the firm. In view of this, the company has a right to get the accounts of the firm and to make them available to the inspecting officer under section 209A. Thus, the inspecting officer has a right to examine any office of the company so as to ascertain such information.