The Panel, Diana Chang, Byron Koster and Peter Scott (sitting President), made a declaration of unacceptable circumstances in relation to the affairs of Premium Income Fund.
The Panel has received an application from Mariner Corporation Limited in relation to the affairs of Viento Group Limited. On 29 April 2011, Mariner acquired Viento shares vested in ASIC by the Panel in Viento Group Limited [2011] ATP 1 (see TP11/09). On 4 May 2011, Mariner requisitioned a meeting of Viento shareholders to replace directors.
The Panel, Stephen Creese, James Dickson and Jennifer Seabrook (sitting President), declined to conduct proceedings on an application by Mr Seager Rex Harbour in relation to the affairs of Mintails, after accepting an undertaking from Mintails.
The Panel today published the reasons for its decision on an application dated 17 May 2011 from Mr Seager Rex Harbour in relation to the affairs of Mintails Limited.
The Panel has accepted an undertaking from Mintails Limited (see TP11/46) and declined to conduct proceedings in response to an application dated 17 May 2011 from Mr Seager Rex Harbour in relation to the affairs of Mintails Limited (see TP11/35).
The Panel, Paula Dwyer (sitting President), David Friedlander and Mike Roche, accepted undertakings intended to remedy, as best they can, the unacceptable circumstances alleged in the application.
The Panel has made a declaration of unacceptable circumstances (Annexure A) and final orders (Annexure B) in relation to an application dated 11 May 2011 by Wellington Capital Limited as responsible entity for the Premium Income Fund (PIF) in relation to the affairs of PIF.
The Panel has accepted a further undertaking from Mintails Limited in relation to the application dated 17 May 2011 by Mr Seager Rex Harbour (see TP11/35).
The Panel today published the reasons for its decision on an application dated 3 May 2011 from Bellwether Investments Pty Ltd and Mr Jim Craig in relation to the affairs of Bentley Capital Limited.