Chapter: 32 COMPANIES ORDINANCE
Section Num: 168BI Version Date 15/07/2005
Power of court to make orders about costs
(1) The court may, at any time (including on granting leave under section 168BC(3)), make any order it considers appropriate about the costs incurred or to be incurred by the following persons in relation to an application for leave made under section 168BC(3) or any proceedings brought or intervened in, or to be brought or intervened in, under section 168BC(1)
(a) the member;
(b) the specified corporation; and
(c) any other parties to the application or proceedings.
(2) An order made under subsection (1) may require the specified corporation to indemnify out of its assets against the costs incurred or to be incurred by the member in making the application or in bringing or intervening in the proceedings.
(3) The court may only make an order about costs (including the requirement as to indemnification) under this section in favour of the member if it is satisfied that the member was acting in good faith in, and had reasonable grounds for, making the application, or bringing or intervening in the proceedings.
(Part IVAA added 30 of 2004 s. 2)