In the matter of The Trust Company Limited [2013] NSWSC 1680

Supreme Court New South Wales

Medium Neutral Citation: In the matter of The Trust Company Limited [2013] NSWSC 1680 Hearing dates: 16 October 2013 Decision date: 16 October 2013 Jurisdiction: Equity Division - Corporations List Before: Black J Decision: Specified orders made for the plaintiff to convene a meeting of members to consider and vote upon proposed scheme of arrangement. Catchwords: CORPORATIONS - scheme of arrangement - application under s 411 Corporations Act 2001 (Cth) for orders convening a meeting of members to consider a proposed scheme of arrangement and for approval of the proposed scheme of arrangement - whether the proposed scheme is within the scope of s 411 Corporations Act. Legislation Cited: - Corporations Act 2001 (Cth) ss 411, 411(2), 411(17), 1319, Pt 5.1 - Supreme Court (Corporations) Rules 1999 (NSW) rr 2.15, 3.4, 3.4(2) - Corporations Regulations 2001 (Cth) reg 5.6.13 Cases Cited: - FT Eastment & Sons Pty Ltd v Metal Roof Decking Supplies Pty Ltd (1977) 3 ACLR 69; (1977-78) CLC 40-368 - Re Alinta Ltd [2007] FCA 938 - Re AMP Ltd [2003] FCA 1465; (2003) 48 ACSR 540 - Re Andean Resources [2010] FCA 1190 - Re APN News and Media Ltd [2007] FCA 770; (2007) 62 ACSR 400 - Re Australian Gas Light Company [2006] FCA 1160 - Re AXA Asia Pacific Holdings Ltd [2011] VSC 4 - Re BRL Hardy Ltd [2003] SASC 97; (2003) 45 ACSR 397 - Re Central Pacific Minerals NL [2002] FCA 239 - Re Coles Group Ltd (No. 2) [2007] VSC 523; (2007) 65 ACSR 494 - Re Dyno Nobel [2008] VSC 154 - Re HIH Casualty and General Insurance Ltd [2006] NSWSC 191 - Re Hostworks Group Ltd [2008] FCA 64; (2008) 26 ACLC 137 - Re Macquarie Private Capital A Ltd [2008] NSWSC 323 - Re NRMA Ltd (No 1) [2000] NSWSC 82; (2000) 33 ACSR 595 - Re Premium Investors Ltd [2012] FCA 1211 - Re SFE Corporation Ltd [2006] FCA 670; (2006) 59 ACSR 82 - Re Westfield Holdings Ltd [2004] NSWSC 458; (2004) 49 ACSR 734 Category: Interlocutory applications Parties: The Trust Company Limited (Plaintiff) Representation: Counsel: M. Oakes SC (Plaintiff) R. McHugh SC (Perpetual Limited) Solicitors: King & Wood Mallesons (Plaintiff) Herbert Smith Freehills (Perpetual Limited) File Number(s): 2013/187096