A scheme of arrangement may be approved under s 411(4)(b) of the Corporations Act 2001 (Cth) notwithstanding that only approximately 6.41% of shareholders by number (holding 37.08% of shares) voted at the scheme meeting, where the vote was overwhelmingly in favour, attendance was consistent with prior meetings, and there was no evidence of irregularity or deterrence.
The full text is available to signed-in members, including the 24 later cases that cite this judgment.
6 of the 24 citing cases carry a classified treatment. How each court treated it is available to signed-in members.