Bowen Energy Limited - Panel Declines to Commence Proceedings

The Panel has declined to commence proceedings in relation to an application by Mr Frank Farrall (Mr Farrall) of 21 September 2007 (Application) (see TP07/71). The Application related to the conduct of Bowen Energy Limited (Bowen) entering into an MOU, Investment Agreement and Funding Agreement with Bhushan Steel Limited and Bhushan Steel Australia Pty Ltd (together Bhushan).