Section 150
Non-application of section 472 to disposition made by way of book entry
ActIn forceProvision 150 of 768
Section 150
(2)
Notwithstanding subsection (1), if the Court is satisfied that a party to the disposition other than the central depository had notice that a petition has been presented for the winding up of the other party to the disposition, the Court may—
(a)
award damages against the party on such terms as the Court thinks equitable; or
(b)
make such other orders as the Court thinks fit, including an order for the transfer of deposited securities by the party, except an order for the rectification of the record of depositors.