Federal Court of Australia
FEDERAL COURT OF AUSTRALIA
Gazal Corporation Limited, in the matter of Gazal Corporation Limited [2019] FCA 701 File number(s): NSD 385 of 2019
Judge(s): FARRELL J
Date of judgment: 17 May 2019
Date of publication of reasons 24 May 2019
Catchwords: CORPORATIONS – scheme of arrangement – application under ss 411 and 1319 of the Corporations Act 2001 (Cth) for orders convening a meeting of members to consider and agree a proposed scheme – application to approve a scheme pursuant to s 411(4)(b) of the Corporations Act – whether appropriate that director recommends in scheme booklet that shareholders vote in favour of scheme when also standing to receive a bonus if scheme approved – applications granted
Legislation: Corporations Act 2001 (Cth) s 411
Cases cited: Afterpay Holdings Limited, in the matter of Afterpay Holdings Limited (No 2) [2017] FCA 737 Re SMS Management & Technology Ltd [2017] VSC 257
Date of hearing: 8 April, 17 May 2019
Registry: New South Wales
Division: General Division
National Practice Area: Commercial and Corporations
Sub-area: Corporations and Corporate Insolvency
Category: Catchwords
Number of paragraphs: 34
Counsel for the Plaintiff: Mr R M Foreman with Ms K E Boyd (8 April 2019)
Solicitor for the Plaintiff: Johnson Winter & Slattery
Counsel for Sunshine B Pty Ltd Mr J R J Lockhart SC
Solicitor for Sunshine B Pty Ltd Clifford Chance
Table of Corrections 4 September 2019 In paragraph 29, "a" has been deleted before "shareholders".
ORDERS NSD 385 of 2019 IN THE MATTER OF GAZAL CORPORATION LIMITED GAZAL CORPORATION LIMITED (ACN 004 623 474) Plaintiff
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