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[Music] hello everyone comment is now the episode 7. yes so today well talk about keeping books and records and the rights of shareholders and directors to inspect the companys books and records welcome to this youtube channel of k leaders im francis chen im carmen chi coleman can you share with us your contents okay so today well talk about keeping books and records whats the legal requirements and also whether directors and shareholders actually have a right to inspect the companys books and records yes so let us take a look now the relevant legal legislations are actually settled in two ordinance first one is the companys ordinance and second one is actually the inland revenue ordinance so under the companys ordinance basically the company needs to keep all their resolutions meetings decisions all their records for at least 10 years and that 10 years starts from the date of the meeting or the decisions as the case may be yes now under the inland revenue ordinance basically
