juris

Section 263:

Companies Act · PART XVIII: APPROVAL OF ARRANGEMENTS, AMALGAMATIONS AND COMPROMISES BY COURT

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.

263. Court may make additional orders (1) Subject to section 262, the Court may, for the purpose of giving effect to any arrangement or amalgamation or compromise approved under C35 – 157 [Issue 1] Companies Act that section, either by the order approving the arrangement or amalgamation or compromise, or by any subsequent order, provide for, and prescribe terms and conditions relating toβ€” (a) the transfer or vesting of real or personal property, assets, rights, powers, interests, liabilities, contracts, and engagements; (b) the issue of shares, securities, or policies of any kind; (c) the continuation of legal proceedings; (d) the liquidation of any company; (e) the provisions to be made for persons who voted against the arrangement or amalgamation or compromise at any meeting called in accordance with any order made under subsection (2) of that section or who appeared before the Court in opposition to the application to approve the arrangement or amalgamation or compromise; or (f) such other matters that are necessary or desirable to give effect to the arrangement or amalgamation or compromise. (2) Within 14 days of an order being made by the Court, the Board of the company shall ensure that a copy of the order is filed with the Registrar for registration.

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