Federal Court of Australia
FEDERAL COURT OF AUSTRALIA
In the matter of Insurance Australia Group Ltd [2003] FCA 581 CORPORATIONS – application under s 1322(4)(d) of the Corporations Act 2001 (Cth) ("the Act") by issuer of securities for extension of the period of seven days from date of prospectus allowed by ss 723(3)(a) and 724(1)(b)(i) of the Act for making of application for listing of securities for official quotation – seven-day period expired on 27 May 2003 – oversight discovered by solicitors on 4 June 2003 – application for extension of time heard on 6 June 2003 – extension granted to next business day, 10 June 2003 – construction of s 1322(4)(d) of the Act
Corporations Act 2001 (Cth) ss 723(3)(a), 724(1)(b)(i), 1322(4)(d)
Re Australian Koyo Ltd (1984) 8 ACLR 928 cited Brown v DML Resources Pty Ltd (in liq) (No 6) (2002) 166 FLR 393 cited Elderslie Finance Corporation Ltd v Australian Securities Commission (1993) 11 ACSR 157 cited David Grant & Co Pty Ltd (receiver appointed) v Westpac Banking Corporation (1995) 184 CLR 265 distinguished Super John Pty Ltd v Futuris Rural Pty Ltd (1999) 32 ACSR 398 cited Pinnacle VRB Ltd v Reliable Power Inc (2001) 39 ACSR 8 cited Premier Pacific Pharmaceutical Industries Ltd v Australian Stock Exchange Ltd (1995) 129 ALR 661 discussed
IN THE MATTER OF INSURANCE AUSTRALIA GROUP LIMITED
(ACN 090 739 923) N 3032 OF 2003 LINDGREN J 6 JUNE 2003 SYDNEY
IN THE FEDERAL COURT OF AUSTRALIA
NEW SOUTH WALES DISTRICT REGISTRY N 3032 OF 2003
IN THE MATTER OF INSURANCE AUSTRALIA GROUP LIMITED
(ACN 090 739 923)
INSURANCE AUSTRALIA GROUP LIMITED
(ACN 090 739 923)
PLAINTIFF
JUDGE: LINDGREN J
DATE OF ORDER: 6 JUNE 2003
WHERE MADE: SYDNEY
THE COURT ORDERS THAT: 1. For the purposes of s 723(3)(a) and s 724(1)(b)(i) of the Corporations Act 2001 (Cth), the time within which the plaintiff may make an application for the admission of Reset Preference shares issued pursuant to a prospectus dated 20 May 2003 to quotation on Australian Stock Exchange Limited be extended to 10 June 2003. Note: Settlement and entry of orders is dealt with in Order 36 of the Federal Court Rules.
We try to embed the page this law was scraped from. If the site blocks framing, you still get the link and a local excerpt.
Last checked with source on —
Checking whether the official page can be embedded…
Plain-English simplify of this law: a short summary, key points, and both sides of the argument. Generated on first view via Replicate, then cached. Vote on what helps your study.
No study brief is cached for this law yet. Sign up to generate a plain-English brief.
Sign up to generate