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V-1.1 - Securities Act

Section 225
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225. Any misrepresentation contained in any of the documents prepared for a take-over bid by the board of directors, a director or an officer of the offeree issuer gives rise to a right of action in damages, in favour of all the holders of securities of the offeree issuer at the time of the bid, against the signatory or signatories of the document.
The defendant is liable for damages, subject to the grounds for defence set forth in section 224.
1982, c. 48, s. 225; 1984, c. 41, s. 54; 1999, c. 40, s. 327; 2006, c. 50, s. 73.
225. Any misrepresentation contained in any of the documents prescribed in sections 134 to 139 prepared by the board of directors or any of the senior executives of the offeree issuer gives rise to a right of action in damages, in favour of all the holders of securities of the offeree issuer at the time of the bid, against the signatory or signatories of the document.
The defendant is liable for damages, subject to the grounds for defence set forth in section 224.
1982, c. 48, s. 225; 1984, c. 41, s. 54; 1999, c. 40, s. 327.
225. Any misrepresentation contained in any of the documents prescribed in sections 134 to 139 prepared by the board of directors or any of the senior executives of the offeree issuer gives rise to a right of action in damages, in favour of all the holders of securities of the offeree issuer at the time of the bid, against the signatory or signatories of the document.
The defendant is responsible for damages, subject to the grounds for defence set forth in section 224.
1982, c. 48, s. 225; 1984, c. 41, s. 54.
225. Any misrepresentation contained in any of the documents prescribed in sections 121 to 123 prepared by the board of directors or any of the senior executives of the offeree issuer gives rise to a right of action in damages, in favour of all the holders of securities of the offeree issuer at the time of the bid, against the signatory or signatories of the document.
The defendant is responsible for damages, subject to the grounds for defence set forth in section 224.
1982, c. 48, s. 225.
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