Part 16 — Remedies, Offences and Penalties Division 1 Court Intervention
359 Application to Court to rectify records
wrongly entered or retained in, or wrongly deleted or omitted from,
the registers or other records of a cooperative, the cooperative, a
security holder of the cooperative or any aggrieved person may
apply to the Court for an order that the registers or records be
rectified.
(2) If the cooperative is a distributing cooperative, an applicant
under this section must file notice of the application with the
Executive Director.
(3) The Court may make any order it considers appropriate,
including an order
(a) requiring the registers or records of the cooperative to b e
rectified,
(b) restraining the cooperative from calling or holding a
meeting or allocating or paying a dividend or interest on
investment shares or a patronage refund before rectification
of the registers or records,
(c) determining the right of a party to the proceedings to hav e
the party's name entered or retained in or deleted or omitted
from the registers or records of the cooperative, whether the
issue arises between 2 or more members or security holders,
or alleged members or security holders, or between the
cooperative and a member or security holder or alleged
member or security holder, or
(d) compensating a party who has incurred a loss by reason of
the wrongful entry, retention, deletion or omission.