Veda Group Limited, in the matter of Veda Group Limited (No 2) [2016] FCA 103

FEDERAL COURT OF AUSTRALIA

Veda Group Limited, in the matter of Veda Group Limited (No 2) [2016] FCA 103 File number(s): NSD 1500 of 2015

Judge(s): YATES J

Date of judgment: 10 February 2016

Catchwords: CORPORATIONS – scheme of arrangement – second court hearing – application for approval

Legislation: Corporations Act 2001 (Cth) ss 411, 412, 1319

Cases cited: Veda Group Limited, in the matter of Veda Group Limited [2015] FCA 1506

Date of hearing: 10 February 2016

Registry: New South Wales

Division: General Division

National Practice Area: Commercial and Corporations

Sub-area: Corporations and Corporate Insolvency

Category: Catchwords

Number of paragraphs: 9

Counsel for the Plaintiff: Mr IM Jackman SC

Solicitor for the Plaintiff: Herbert Smith Freehills

Counsel for Equifax Inc: Mr J Williams

Solicitor for Equifax Inc: Allens

ORDERS NSD 1500 of 2015 IN THE MATTER OF VEDA GROUP LIMITED ABN 26 124 306 958 VEDA GROUP LIMITED ABN 26 124 306 958 Plaintiff

JUDGE: YATES J DATE OF ORDER: 10 FEBRUARY 2016

THE COURT ORDERS THAT:

1. Pursuant to ss 411(4)(b) and 411(6) of the Corporations Act 2001 (Cth) (Act), the scheme of arrangement between the plaintiff and its members (scheme), in the form contained in Annexure D of the scheme booklet issued by the plaintiff and dated 11 December 2015, being Exhibit A in the proceeding, is approved. 2. The plaintiff lodge with the Australian Securities and Investments Commission a copy of the approved scheme at the time of lodging a copy of these orders. 3. Pursuant to s 411(12) of the Act, the plaintiff is exempt from compliance with s 411(11) of the Act in relation to the scheme. 4. These orders be entered forthwith. Note: Entry of orders is dealt with in Rule 39.32 of the Federal Court Rules 2011.