Commonwealth Consolidated Regulations

[Index] [Table] [Search] [Search this Regulation] [Notes] [Noteup] [Previous] [Next] [Download] [Help]

FEDERAL COURT (CORPORATIONS) RULES 2000 - RULE 3.3

Order for meetings to identify proposed scheme

  (1)   An order under subsection   411(1) or (1A) of the Corporations Act ordering a meeting or meetings in relation to a proposed compromise or arrangement must set out in a schedule, or otherwise identify, a copy of the proposed compromise or arrangement.

  (2)   Unless the Court otherwise orders, a meeting of members ordered under section   411 of the Corporations Act must be convened, held and conducted in accordance with:

  (a)   the provisions of Part   2G.2 of the Corporations Act that apply to the members of a company; and

  (b)   the provisions of the plaintiff's constitution that apply in relation to meetings of members and are not inconsistent with Part   2G.2 of the Corporations Act.

  (3)   Unless the Court otherwise orders, a meeting of a class of holders of convertible securities ordered under section   411 of the Corporations Act must be convened, held and conducted as if:

  (a)   the holders were a separate class of members; and

  (b)   the meeting were a meeting of members convened, held and conducted under subrule (2);

but in accordance with, and subject to, the applicable provisions of the instrument under which the securities were issued.


AustLII: Copyright Policy | Disclaimers | Privacy Policy | Feedback