Business Corporations Act s. 199

(1) If a dissenting offeree has elected to demand payment of
the fair value of the offeree's shares under section 196(1)(c), the
offeror may, within 20 days after the offeror has paid the money or
transferred the other consideration under section 197(2), apply to
the Court to fix the fair value of the shares of that dissenting
offeree.
(2) If an offeror fails to apply to the Court under subsection (1), a
dissenting offeree may apply to the Court for the same purpose
within a further period of 20 days after the 20-day period referred
to in subsection (1) has elapsed.
RSA 2000

(3) Where no application is made to the Court under subsection (2)
within the 20-day period provided for in that subsection, the
dissenting offeree is deemed to have elected to transfer the
offeree's shares to the offeror on the same terms that the offeror
acquired the shares from the offerees who accepted the take-over
bid.
RSA 2000 cB-9 s199;2005 c8 s46

RTA Residential Tenancies Act

199 Offeror's right to apply