1. ) PURECIRCLE TRADING SDN. BHD. 2. ) PURECIRCLE SDN. BHD.

wa-24nccsoa-3-10-2024 High Court (Mahkamah Tinggi) 16 December 2024 • WA-24NCC(SOA)-3-10/2024 • 40 min read

23 cases cited (0 SG, 23 foreign)

Catchwords

Scheme of arrangment for the amalgamation of the Applicants("the Schemes") pursuant to section 366 and 370 of Companies Act 2016 9"CA 2016"). The preconditions to and the procedural aspects of an internal restructuring, in particular, the important issue as to whether dispensation with Scheme Meetings may be ordered.

Judges (1)

Suhendran Sockanathan Delivered

Parties (2)

PURECIRCLE Sdn Bhd Applicant PURECIRCLE TRADING Sdn Bhd Applicant

Statutes Cited

Companies Act 2016 (Cap 777)

Corporation Act 2001

s 413

Corporations Act 2001

s 411(1) s 411(4)(b)

Cases Cited (23)

UK (5)

[1972] 1 WLR 1548 [1975] 1 All ER 429 [2014] EWHC 1272 [2014] EWHC 3849 [2020] EWHC 969

AU (12)

[2004] FCA 1492 [2004] FCA 1638 [2009] FCA 1556 [2009] FCA 813 [2009] FCAFC 125 [2010] FCA 452 [2012] FCA 527 [2017] FCA 1076 [2018] FCA 1131 [2019] FCA 842 [2022] FCA 220 [2022] FCA 880

MY (6)

[1988] 2 MLJ 93 [2012] 9 CLJ 1071 [2021] 1 MLJ 527 [2021] 12 MLJ 690 [2023] 4 MLJ 1 [2024] MLJ 3502

Judgment

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Source: eJudgment (wa-24nccsoa-3-10-2024)