They can't be suspending an entity on the exchange without...

They can't be suspending an entity on the exchange without following a proper process, that's my point. ASX is a company, not a person. It's not Kevin Lewis' decision; it's ASX's decision.

How then do we know they are operating in a fair and transparent manner?

The fact they raised concerns about not having sufficient evidence, were fearing a lawsuit and thought they'd be going beyond their powers means they ought to have sought legal advice re those concerns, be it internal or external doesn't matter. That advice should have been documented and shown to ISX.

So if the court asks them to show evidence they followed a proper process, what evidence will they show? If they think they don't need to show any evidence, then there's a problem, just means they feel they can do whatever they want without being held to account. Why would they think that way?