The Panel, Guy Alexander (sitting President), Sophie Mitchell and Andrew Sisson, declined to make a declaration of unacceptable circumstances in relation to the affairs of RHD following acceptance of undertakings to amend the SIA. The application concerned the proposed acquisition by Peoplebank of RHD by way of scheme of arrangement announced on 19 July 2010.

The Panel, Michael Ashforth (sitting President), Diana Chang and John Keeves, declined to conduct proceedings on an application by McInerney Holdings Pty Ltd in relation to the affairs of Padbury Mining Limited as there was no reasonable prospect it would declare the circumstances unacceptable. The application concerned alleged misleading and incorrect statements in a letter to shareholders that related to a general meeting to effect a change of control of the Padbury board.