Companies Act (Cap. 386), article 355

355. Any director of any of the amalgamating companies answerable for wilful or negligent misconduct in the preparatio n and the implementation of the amalgamation, or any expert responsible for drawing up, on behalf of any of the amalgamatin g companies, of the report on the draft terms of the merger answerable for wilful or negligent misconduct in the performanc e of his duties, shall be liable f or all damages occasioned to an y shareholder of any of the amalgamating companies as a COMP ANIES [CAP. 386. 223 consequence of his misconduct. Appeal from decision of the Registrar. Amended by: XIII. 2004.102.