Appointment of inspector by court
248 (1) Subject to subsection (3), on the application of one or more shareholders who, in the aggregate, hold at least 1/5 of the issued shares of a company, the court may
(a) appoint an inspector to conduct an investigation of the company, and
(b) determine the manner and extent of the investigation.
(2) An inspector appointed under this section has the powers set out in section 251 and any additional powers provided by the order by which the inspector is appointed.
(3) The court may make an order under this section if it appears to the court that there are reasonable grounds for believing that
(a) the affairs of the company are being or have been conducted, or the powers of the directors are being or have been exercised, in a manner that is oppressive or unfairly prejudicial to one or more shareholders, within the meaning of section 227 (1), including the applicant,
(b) the business of the company is being or has been carried on with intent to defraud any person,
(c) the company was formed for a fraudulent or unlawful purpose or is to be dissolved for a fraudulent or unlawful purpose,
(d) persons concerned with the formation, business or affairs of the company have, in connection with it, acted fraudulently or dishonestly, or
(e) without limiting paragraphs (a) to (d), in the case of a community contribution company, the affairs of the company are being or have been conducted in a manner that is contrary to
(i) the company's community purposes, within the meaning of section 51.91, or
(ii) the restrictions or requirements imposed on community contribution companies under this Act.
