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.