In the matter of A2B Australia Limited [2024] NSWSC 185

Supreme Court New South Wales

Medium Neutral Citation: In the matter of A2B Australia Limited [2024] NSWSC 185 Hearing dates: 21 February 2024 Date of orders: 21 February 2024 Decision date: 29 February 2024 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. Legislation Cited: - Corporations Act 2001 (Cth) ss 110(1)(d), 249HA, 249J(3)(c), 411, 1319 Cases Cited: - Australian Securities Commission v Marlborough Gold Mines Ltd (1993) 177 CLR 485 - F T Eastment & Sons Pty Ltd v Metal Roof Decking Supplies Pty Ltd (1977) 3 ACLR 69 - Re Arthur Yates & Co Ltd (2001) 36 ACSR 758; [2001] NSWSC 40 - Re Australian Consolidated Press Ltd (1994) 14 ACSR 639 - Re Aveo Group Ltd and Aveo Funds Management Ltd [2019] NSWSC 1348 - Re BINGO Industries Ltd [2021] NSWSC 798 - Re CSR Ltd (2010) 183 FCR 358; [2010] FCAFC 34 - Re Equigold NL (No 2) [2008] FCA 826 - Re Foundation Healthcare Ltd (2002) 42 ACSR 252; [2002] FCA 742 - Re Healthscope Ltd [2019] FCA 542 - Re InvoCare Ltd [2023] NSWSC 1180 - Re Kidman Resources Ltd (2019) 375 ALR 760; (2019) 139 ACSR 122; [2019] FCA 1226 - Re Mainstream Group Holdings Ltd [2021] FCA 948 - Re RXP Services Ltd [2021] FCA 38 - Re Security Matters Ltd [2023] FCA 19 - Re SMS Management & Technology Ltd [2017] VSC 257 - Re Villa World Ltd (2019) 139 ACSR 550; [2019] NSWSC 1207 Category: Principal judgment Parties: A2B Australia Limited (Plaintiff) Representation: Counsel: I Ahmed SC (Plaintiff) B Ng (Acquirer)