Orion Telecommunications Ltd - Panel Publishes Reasons
The Takeovers Panel (Panel) has today published the reasons for its decision in relation to an application from Orion Telecommunications Ltd (Orion) dated 3 July 2006 (see TP06/64).
These are the Panel's reasons for making a declaration of unacceptable circumstances and final orders in relation to an application by Australian Pipeline Trust under sections 656A and 657C of the Corporations Act 2001 (Cth) into its affairs. Alinta Ltd sought review (under section 657EA) of the decision by the initial Panel in relation to APT's application.