Examples of First Court Hearing in a sentence
Under the Companies Act, the Scheme and the Capital Reduction require the sanction of the Court at the First Court Hearing and Second Court Hearing respectively.
The court was not persuaded by what it deemed the Commission’s “conclusory statements” dismissing these concerns without reasoned analysis.
In this deed the following terms shall bear the following meanings:Abstain Order means an order made by the Court at or before the First Court Hearing that an Oklo Director must abstain from making a recommendation to Oklo Shareholders due to a Personal Interest.Abstaining Director means an Oklo Director who is the subject of an Abstain Order.
Abstain Order means an order made by the Court at or before the First Court Hearing that a Genesis Director must abstain f rom making a recommendation to Genesis Shareholders due to a Personal Interest.
The Scheme requires the sanction of the Court at the First Court Hearing, and the Capital Reductions must be confirmed by the Court at the Second Court Hearing.
The start time of the First Court Hearing will be published in the Court’s list the day before the hearing.
At the First Court Hearing on 17 May 2022, the Court ordered Humm to convene a meeting of Humm Shareholders to consider and vote on the Scheme.The notice convening the Scheme Meeting is set out in Annexure 2 to this Explanatory Booklet.
Shareholders may, if they wish, attend the First Court Hearing to support or oppose the Scheme or the Capital Reductions.
The FCA and the PRA have both reported on the Proposal to the High Court at the First Court Hearing.
The Scheme is conditional upon a number of matters which are set out in full in the explanatory letter from Canaccord contained in Part II of this document, including approval of the Scheme by the Old Kofax Shareholders at the Court Meeting and the Resolutions at the Scheme General Meeting, as well as prior to the First Court Hearing the listing of shares of New Kofax on NASDAQ having been approved in principle, subject to official notice of issuance, by NASDAQ.