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V-1.1 - Securities Act

Section 225.7
Disposition versions

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225.7. An action may not be abandoned or settled except on the terms set by the court, including terms as to legal costs.
When setting the terms, the court considers whether there are any other actions outstanding under this division or under comparable provisions of extra-provincial securities laws within the meaning of section 305.1 in respect of the same misrepresentation or failure to make timely disclosure.
2007, c. 15, s. 11; I.N. 2016-01-01 (NCCP).
225.7. An action may not be abandoned or settled except on the terms set by the court, including terms as to costs.
When setting the terms, the court considers whether there are any other actions outstanding under this division or under comparable provisions of extra-provincial securities laws within the meaning of section 305.1 in respect of the same misrepresentation or failure to make timely disclosure.
2007, c. 15, s. 11.
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