In the matter of iCash Payment Systems Limited [2013] NSWSC 1084

Supreme Court New South Wales

Medium Neutral Citation: In the matter of iCash Payment Systems Limited [2013] NSWSC 1084 Hearing dates: Thursday 11 July 2013 Decision date: 11 July 2013 Jurisdiction: Equity Division - Corporations List Before: Brereton J Decision: Application to vacate the orders of 8 May 2013 refused Catchwords: PROCEEDURE - Application to vacate orders restraining defendant from proceeding with extraordinary general meeting - where plaintiff no longer seeks protection of interlocutory orders - where defendant is a listed company - where defendant has made notifications to market of deferral of meeting in accordance with stock exchange listing rules - where defendant has not given formal notice to shareholders - whether orders whether vacating orders would cause confusion to shareholders Category: Interlocutory applications Parties: Wookwon Kang (first plaintiff) Byeongrib Yoo (second plaintiff) Youngwoon Woo (third plaintiff) Kisun Lee (fourth plaintiff) Namweon Lee (fifth plaintiff) Jonghong Park (sixth plaintiff) Suhan Jo (seventh plaintiff) Youngwoo Kim (eight plaintiff) Byoungnam Lim (ninth plaintiff) Eungin Kim (tenth plaintiff) Chung Lim (eleventh plaintiff) Kyoungsuck Oh (twelfth plaintiff) Youngkwan Kang (thirteenth plaintiff) Yeonhee Kim (fourteenth plaintiff) iCash Payment Systems limited (defendant) Representation: Counsel: Mr DFC Thomas (plaintiffs) Mr JC Giles (defendant) Solicitors: Banki Haddock Fiora (plaintiffs) Whittens & McKeough Pty Limited (defendant) File Number(s): 13/ 202274