Article 20 - Rectification of register of Members
Name of a person, the number of Shares held or the class of Shares held is, without sufficient reason, not entered in or omitted from an LLC's register of Members; or
(B) there is a failure or unnecessary delay in entering on the register the fact of a person having ceased to be a
a person aggrieved, or a
Member of the LLC, may apply to the CRO for rectification of the register.
CRO may refuse the application or may order rectification of the register.
(3) Whether or not the
CRO exercises its power under Article 20(2), the QFC Civil and Commercial Court may make one or more of the following orders:
(A) on application of the
CRO, an order enforcing any orders made by it under this Article 20;
(B) on application of a person aggrieved, a
Member of the LLC, or the LLC, an order directing the CRO to, or not to order the rectification of the register or to do any act or thing; or
(C) on application of a person aggrieved, an order requiring the
LLC to pay damages or to do any act or thing.
|Amended (as from 5th April 2015).|