Power of court to rectify the register
118.—(1) An application to the High Court or, in Scotland, the Court of Session may be made under this regulation if—
(a)the name of a person is, without sufficient cause, entered into or omitted from a part of the register of shareholders;
(b)default is made as to the details contained in any entry on the register in respect of a person’s holding of shares; or
(c)default is made or unnecessary delay takes place in amending the register so as to reflect the fact that a person has ceased to be a shareholder.
(2) An application may be made by the protected cell company, a shareholder or by the person aggrieved.
(3) On such an application, the court may—
(a)refuse the application;
(b)order rectification of the register; or
(c)decide any question necessary or expedient to be decided for rectification of the register of shareholders including, in particular, any question relating to the right of a person who is a party to the application to have the person’s name entered in or omitted from the register.