application for declaratory relief to validate share trades and relieve sellers of shares from civil liability
erroneous representations by applicant company to the ASX and the public that disclosure was not required for offers for sale and sale of shares
contraventions of sections 707(3) and 708A of the Corporations Act 2001 (Cth) because cleansing notices not issued and the company was suspended from trading on the ASX for more than five days in the year preceding the share transfers
Case Details
Citation[2012] FCA 1354
CourtFCA
JurisdictionCommonwealth
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