Federal Court of Australia
FEDERAL COURT OF AUSTRALIA
PropTech Group Limited, in the matter of PropTech Group Limited [2022] FCA 1606 File number(s): VID 696 of 2022
Judgment of: O'CALLAGHAN J
Date of judgment: 16 December 2022
Date of publication of reasons: 6 February 2023
Catchwords: CORPORATIONS – scheme of arrangement – first court hearing – orders sought under Corporations Act 2001 (Cth) s 411(1) for convening, holding and conduct of scheme meeting – where statutorily unnecessary independent expert report assists in exercise of discretion – orders made
Legislation: Corporations Act 2001 (Cth) ss 411(1), 412(1)(a), 411(4)(a), 411(4)(b), 411(6) Corporations Regulations 2001 (Cth) reg 5.1.01, sch 8, cls 8303, 8306
Cases cited: Re CSR Ltd (2010) 183 FCR 358 Re Foundation Healthcare Ltd [2002] FCA 742; (2002) 42 ACSR 252 Re Kidman Resources Ltd [2019] FCA 1226; (2019) 375 ALR 760 Re T & N Ltd [No 3] [2007] 1 All ER 851
Division: General Division
Registry: Victoria
National Practice Area: Commercial and Corporations
Sub-area: Corporations and Corporate Insolvency
Number of paragraphs: 31
Date of hearing: 16 December 2022
Counsel for the Plaintiff: Mr CT Möller SC with Mr MB Peckham
Solicitor for the Plaintiff: Nicholson Ryan Lawyers
ORDERS VID 696 of 2022 IN THE MATTER OF PROPTECH GROUP LIMITED (ACN 141 276 959) PROPTECH GROUP LIMITED (ACN 141 276 959) Plaintiff
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