Section 270:
consolidated text (as at 2017, amended since). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.
270. Court may rule on validity of deed
(1) The Court may rule on the validity of a deed of company arrangement
if there is doubt, on a specific ground, whether the deed—
(a) was entered into in accordance with this Sub-part; or
(b) complies with this Sub-part.
(2) An application under this section may be made by—
(a) the deed administrator;
(b) a shareholder or creditor of the company; or
(c) the Registrar of Companies.
(3) On an application under this section—
(a) the Court may declare the deed void; or
(b) if the deed is void for contravention of this Sub-part, the Court
may validate the deed, where the Court is satisfied that—
(i) a provision of this section was substantially complied with;
and
(ii) no injustice will result for anyone bound by the deed if the
contravention is disregarded.
(4) The Court may, where it declares that a provision of the deed is void,
vary the deed if the deed administrator consents.