Companies Act (Cap. 386), article 352

352. The holders of securities, other than shares, in the companies being acquired, to wh ich special rights are attached shall be given rights against the acquiring comp any in accordan ce with the draft terms of merger at least equivalent to those the y possessed in the companies being acquired, unless - (a) the holders of those securities individually agree to the alteration of their rights; or (b) the alteration has been approved by a meeting of the holders of those securities called specifically for the purpose, at which meeting all the holders of such securities shall signify their consent; or (c) the holders of those securiti es are entitled to have their securities re-purchased by the acquiring company. 222 CAP. 386.] COMP ANIES Duties of Registrar in respect of amalgamations.