“…The lack of any necessary collaboration can cause a takeover under the Code to occur in a hostile, rather than friendly, manner. 27 The second key difference is that, the process for a takeover offer is prescribed solely by the rules of the Code, 28 whereas, the process for a scheme is governed by both the CA and the court. 29 Under a scheme, two court hearings are required, the first for direction on any procedural matters and the second for the court to make a decision whether to sanction the scheme.…”