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V-1.1 - Securities Act

Section 233.1
Disposition versions

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233.1. The offeree issuer, the offeror, their officers, their directors and persons holding their securities at the time of the transaction or action may move that the court make any order of such a nature as to rectify the consequences of a contravention of the Act or the regulations regarding a take-over bid or issuer bid. A copy of the application requesting the order is sent to the Authority.
They may in particular move that the court cancel a transaction or an issue, order a party to dispose of securities purchased during a bid, prohibit a holder from exercising voting rights attached to securities purchased during a bid, or order that compensation be paid to an interested person for any damage resulting from a contravention of the Act or the regulations regarding a take-over bid or issuer bid.
1984, c. 41, s. 58; 2006, c. 50, s. 78; I.N. 2016-01-01 (NCCP).
233.1. The offeree issuer, the offeror, their officers, their directors and persons holding their securities at the time of the transaction or action may move that the court make any order of such a nature as to rectify the consequences of a contravention of the Act or the regulations regarding a take-over bid or issuer bid. A copy of the motion requesting the order is sent to the Authority.
They may in particular move that the court cancel a transaction or an issue, order a party to dispose of securities purchased during a bid, prohibit a holder from exercising voting rights attached to securities purchased during a bid, or order that compensation be paid to an interested person for any damage resulting from a contravention of the Act or the regulations regarding a take-over bid or issuer bid.
1984, c. 41, s. 58; 2006, c. 50, s. 78.
233.1. The offeree company, the offeror, their senior executives and persons holding their securities at the time of the transaction or action may move that the court make any order of such a nature as to rectify the consequences of a contravention of the Act or the regulations regarding a take-over bid or issuer bid. A copy of the motion requesting the order is sent to the Authority.
They may in particular move that the court cancel a transaction or an issue, order a party to dispose of securities purchased during a bid, prohibit a holder from exercising voting rights attached to securities purchased during a bid, or order that compensation be paid to an interested person for any damage resulting from a contravention of the Act or the regulations regarding a take-over bid or issuer bid.
1984, c. 41, s. 58; 2006, c. 50, s. 78.
233.1. The offeree company, the offeror, their senior executives and persons holding their securities at the time of the transaction or action may move that the court make any order of such a nature as to rectify the consequences of a contravention of the Act or the regulations regarding a take-over bid or issuer bid.
They may in particular move that the court cancel a transaction or an issue, order a party to dispose of securities purchased during a bid or prohibit a holder from exercising voting rights attached to securities purchased during a bid.
1984, c. 41, s. 58.
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