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Judgment

In re SPhinX Group of Companies (In Official Liquidation) - Ruling

FSD 0016/2009 (ASCJ) · 2012-02-02

Scheme of arrangement under s.86 Companies Law; failure to obtain 75% in value in two classes; jurisdiction to adjourn rather than dismiss scheme per Practice Direction; conditional adjournment; information disclosure requirements to blocking investor; potential reconvening of class meetings; treatment of administrative error; directions regarding Beus Gilbert claim

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