Immediate Report – Motion for discovery and inspection of documents under Section 198A of the Companies Law
Immediate Report – Motion for Discovery and Inspection of Documents under Section 198A of the Companies Law
An immediate report is hereby issued, stating that on November 9, 2020 the Company was served a motion for discovery and inspection of documents prior to the filing of a derivative action under section 198A of the Companies Law, 5759-1999, which was filed on the same day with the Jerusalem District Court against the Company and the subsidiary Bezeq International Ltd. ("Bezeq International") (jointly – the "Respondents"). The motion requests that the Respondents be issued an order for discovery and inspection of various documents concerning asset balances in Bezeq International's books, further to the immediate report in the matter issued by the Company on November 9, 2020.
According to that claimed in the motion, under the circumstances apparent from the aforementioned immediate report, the Respondents have a cause of action against officers of the Respondents, as well as against the Respondents' independent auditors.
The Company and Bezeq International are studying the motion and will address it as required by law, within the prescribed deadlines.
Bezeq – The Israel Telecommunication Corp. Ltd.
The above information constitutes a translation of the Immediate Report published by the Company. The Hebrew version was submitted by the Company to the relevant authorities pursuant to Israeli law, and represents the binding version and the only one having legal effect. This translation was prepared for convenience purposes only.