Section 130

If the Court is satisfied that the implementation of a proposed merger or consolidation would unfairly prejudice a member or creditor of a constituent company or any other person to whom such a company is under any obligation or liability, then on the application of that member, creditor or other person, the Court may make such order as it thinks fit in relation to the proposed merger or consolidation.

Except where the Court allows in any particular case, an application under subsection (1) shall be made before the merger or consolidation in question becomes effective.