In the matter of Millennium Services Group Limited [2024] NSWSC 307

Supreme Court New South Wales

Medium Neutral Citation: In the matter of Millennium Services Group Limited [2024] NSWSC 307 Hearing dates: 12 March 2024 Date of orders: 12 March 2024 Decision date: 26 March 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 shareholders 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 411, 1319 Cases Cited: - FT Eastment & Sons Pty Ltd v Metal Roof Decking Supplies Pty Ltd (1977) 3 ACLR 69 - Re Adelaide Bank Ltd [2007] FCA 1582 - Re Atlas Iron Ltd (2016) 112 ACSR 554 - Re Aveo Group Ltd and Aveo Funds Management Ltd [2019] NSWSC 1348 - Re BINGO Industries Ltd [2021] NSWSC 798 - Re BIS Finance Pty Ltd [2017] NSWSC 1713 - Re Bolnisi Gold NL (No 2) (2007) 65 ACSR 510 - Re Capilano Honey Ltd [2018] FCA 1568 - Re Centrebet International Ltd [2011] FCA 870 - Re Cirrus Networks Holdings Ltd [2023] NSWSC 1298 - Re DDH1 Ltd [2023] FCA 982 - Re Diverger Ltd [2023] FCA 1614 - Re DUET Finance Ltd [2017] NSWSC 415 - Re ELMO Software Pty Ltd [2023] NSWSC 12 - Re Essential Metals Ltd [2023] FCA 240 - Re Foster's Group Ltd (No 2) [2011] VSC 547 - Re Foundation Healthcare Ltd (2002) 42 ACSR 252 - Re Healthia Ltd [2023] NSWSC 1296 - Re InvoCare Ltd [2023] NSWSC 1180 - Re Kidman Resources Ltd [2019] FCA 1226 - Re Orica Ltd [2010] VSC 231 - Re Oz Minerals Ltd [2023] FCA 197 - Re Pendal Group Ltd (No 2) [2022] NSWSC 1648 - Re Permanent Trustee Co Ltd (2002) 43 ACSR 601 - Re SMS Management & Technology Ltd [2017] VSC 257 - Re Staging Connections Group Ltd [2015] FCA 1012 - Re Texon Petroleum Ltd [2013] FCA 29 - Re Villa World Ltd [2019] NSWSC 1207 Category: Principal judgment Parties: Millennium Services Group Limited (Plaintiff) Representation: Counsel: S Scott (Plaintiff) M Izzo (Bidder)