https://hotcopper.com.au/threads/an...4273713/page-15?post_id=34011159#.WzSLXRL-hm8
As for the delay, unless King and GPP's lawyers can find a fault in the issued 249D paperwork, then there is a timeline that GPP have to abide by. Within 21 days from being served with the notice they have to call an EGM, the EGM has to be held within 2 months of receiving the notice.
cheers