674. Orders which may be made.

674.     Orders which may be made.

Without prejudice to the generality of the above provisions1, an order made with respect to a transaction entered into at an undervalue may2:

  1.  

    (1)     require any property transferred as part of the transaction to be vested in any person, either absolutely or for the benefit of all the persons on whose behalf the application for the order is treated as made3;

  2.  

    (2)     require any property to be so vested if it represents, in any person's hands, the application either of the proceeds of sale of property so transferred or of money