Section 240 — Canada Business Corporations Act: Powers of court
Text of the provision Official document
In connection with an action brought or intervened in under section 239, the court may at any time make any order it thinks fit including, without limiting the generality of the foregoing, an order authorizing the complainant or any other person to control the conduct of the action; an order giving directions for the conduct of the action; an order directing that any amount adjudged payable by a defendant in the action shall be paid, in whole or in part, directly to former and present security holders of the corporation or its subsidiary instead of to the corporation or its subsidiary; and an order requiring the corporation or its subsidiary to pay reasonable legal fees incurred by the complainant in connection with the action.
Official source: laws-lois.justice.gc.ca
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