CORPORATIONS – members’ scheme of arrangement – first court hearing – application under s 411 and s 1319 of the Corporations Act 2001 (Cth) for orders convening a meeting of members to consider and agree a proposed scheme of arrangement – proposed acquisition of shares in target company in exchange for shares in acquiring company – scheme consideration to be determined after meeting of members to approve scheme based on net tangible assets of target and acquiring company in accordance with scheme implementation agreement – application granted – orders made
Original article available at: https://www.judgments.fedcourt.gov.au/judgments/Judgments/fca/single/2024/2024fca0567
For more information, see the original judgement.