25 Oct 2012
TRUSTEES EXECUTORS LIMITED HC AK CIV-2011-404-4739
- Citation
- openlaw-a384f4d3_1589_4f7b_b6b2_17965fcd59cc.pdf
- Court
- High Court
The Court refused to direct the trustee to amend the issuer's register because the register accurately recorded the securities actually issued by EML (Classic debentures), and a s 66 directions application cannot substitute for a substantive proceeding against the issuer to change legal title or rectify the register; amendment is only appropriate if the register is factually inaccurate or after a determination involving the issuer.