Section 171:
consolidated text (as at 2018, amended since). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.
171. Costs of derivative action to be met by company
The Court shall, on the application of the shareholder or director to whom
leave was granted under section 170 to bring or intervene in the proceedings, order that the whole or part of the reasonable costs of bringing or intervening in the proceedings, including any costs relating to any settlement,
compromise, or discontinuance approved under section 170, shall be met by
the company unless the Court considers that it would be unjust or inequitable for the company to bear those costs.
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Questions this section answers
- Does my company have to pay the costs of a shareholder's derivative action?