Here it is goro5.
The important part have been boldened in order to make it easier to understand.
"Petroleum Nominees Pty Ltd (“PNPL”) commenced legal proceedings today in the Supreme Court of Queensland seeking, amongst other things, an interlocutory
injunction to restrain the Company from completing settlement of the Placement.
The court dismissed PNPL’s interlocutory injunction application. Further the court ordered that, on or before 20 April 2012, PNPL is to: (i) file and serve an application for leave under section 237 of the Corporations Act and for further directions; and (ii) serve
on the Company a draft statement of claim setting out both the claims it makes on itsown behalf in the proceeding and the claims it seeks to pursue on the Company's behalf should it succeed on the leave application.
More so, goro et all, the bottom part of the announcement is what is bothering me now.
Cheers,
Buddy134
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