Section 65

(1) On making an application to the Court to cancel the resolution, the applicants, or the person making the application on their behalf, shall immediately give notice to the Commission, without prejudice to any provision of rules of court as to service of notice of the application.

(2) On being served with notice of any such application, the company shall immediately give notice to the Commission.

(3) Within 15 days of the making of the Court order on the application, or such longer period as the Court may at any time direct, the company shall deliver to the Commission a copy of the order.

(4) If default is made in complying with subsections (2) and (3), the company and each officer of the company is liable to such penalty as the Commission shall prescribe by regulation for every day during which the default continues.