In the matter of Cenntro Electric Group Ltd [2023] NSWSC 1644

Supreme Court New South Wales

Medium Neutral Citation: In the matter of Cenntro Electric Group Ltd [2023] NSWSC 1644 Hearing dates: 14 December 2023 Date of orders: 14 December 2023 Decision date: 21 December 2023 Jurisdiction: Equity - Corporations List Before: Black J Decision: Order convening scheme meeting and associated orders made. Catchwords: CORPORATIONS – Arrangements and reconstructions – Schemes of arrangement or compromise – Application under s 411 of the Corporations Act 2001 (Cth) for orders convening meeting of members to consider and, if thought fit, to agree to proposed scheme of arrangement – Whether requirements to order scheme meeting are satisfied. CORPORATIONS— Securities — delay in consolidation of shares — Other orders made under s 1322 of the Corporations Act 2001 (Cth). Legislation Cited: - Corporations Act 2001 (Cth), ss 254H, 411, 1319, 1322 - Supreme Court (Corporations) Rules 1999 (NSW), r 3.4 Cases Cited: - Re Avita Medical Ltd (No 2) [2020] FCA 674 - Re Boart Longyear Ltd [2021] NSWSC 982 - Re ELMO Software Pty Ltd [2023] NSWSC 12 - Re Estia Health Ltd [2023] NSWSC 1256 - Re InvoCare Ltd [2023] NSWSC 1180 - Re Lonsdale Financial Group Ltd [2007] VSC 394 - Re Opus Group Ltd [2018] FCA 959 - Re OreCorp Ltd [2023] FCA 1359 - Re Origin Energy Ltd [2023] NSWSC 1246 - Re Spark Infrastructure Holdings No 1 Ltd & Ors (2010) 79 NSWLR 756; [2010] NSWSC 1497 - Re Surf Lakes Holdings Ltd [2023] FCA 1355 - Re Talon Energy Ltd [2023] FCA 1362 - Re Telstra Corporation Ltd (2022) 163 ACSR 429; [2022] NSWSC 1180 - Re Thorn Group Ltd [2023] NSWSC 1299 - Re Tronox Ltd (2019) 135 ACSR 343; [2019] FCA 312 - Re Tronox Ltd (No 2) [2019] FCA 681 Category: Principal judgment Parties: Cenntro Electric Group Limited (Plaintiff) Representation: Counsel: M Izzo SC (Plaintiff)