Hometime

Hometime · Alberta legislation

RTA Residential Tenancies Act

RTA · Business Corporations Act

Part 16 — Take-over Bids - Compulsory Purchase

205 Additional powers of Court

Current to 2023-12-07 · Official PDF

In connection with proceedings under this Part, the Court
may make any order it thinks fit and, without limiting the
generality of the foregoing, it may do any or all of the following:
(a) fix the amount of money or other consideration that is
required to be held in trust under section 198(1);
(b) order that that money or other consideration be held in tr ust
by a person other than the offeree corporation;
RSA 2000

(c) allow a reasonable rate of i nterest on the amount payable to
each dissenting offeree from the date the offeree sends or
delivers the offeree's share certificates under section 197(1)
until the date of payment;
(d) order that any money payable to a shareholder who cannot
be found be paid to the Crown and section 228(3) applies in
respect of money so paid.
RSA 2000 cB-9 s205;2005 c8 s47