Section 757 | Enforcement of prohibition: order restraining proposed contravention

(1)If it appears to the court—

(a)on an application under this section, or

(b)in proceedings under Part 30 (protection of members against unfair prejudice),

that a company is proposing to act in contravention of section 755 (prohibition of public offers by private companies), the court shall make an order under this section.

(2)An order under this section is an order restraining the company from contravening that section.

(3)An application for an order under this section may be made by—

(a)a member or creditor of the company, or

(b)the Secretary of State.