Section 264: In sections 258 and 259 “applicant” means–

(a) a registered holder or a beneficial owner and a former registered holder or beneficial owner, of a security of a company; (b) a director or an officer or a former director or officer of a company; (c) the Commission; or (d) any other person who, in the discretion of the court, is a proper person to make an application under section 258. Relief on the grounds of unfairly prejudicial and oppressive conduct