Class action petition under company law: admission notified, hearing scheduled and opt out procedure available to affected members. A public notice advises that a class action petition under company law has been presented and admitted after meeting admission conditions, with a hearing ... Summary
Class action petition under company law: admission notified, hearing scheduled and opt out procedure available to affected members.
A public notice advises that a class action petition under company law has been presented and admitted after meeting admission conditions, with a hearing date fixed before the Tribunal. It identifies lead applicant and respondents, summarizes the petition's grounds and reliefs, defines the class of affected members, and advises that class members will be bound by the outcome unless they opt out by submitting the prescribed form to the Registrar at the specified address, subject to the Tribunal's permission.
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