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Corporations Act 2001
Subsection 439A(1)
Insolvency Practice Rules (Corporations) 2016 s75-40(1)

NOTICE OF SECOND MEETING OF CREDITORS OF COMPANY UNDER ADMINISTRATION

Company details

Company: LUXTOWN PTY LTD ATF P.R. AND K.M. HAMMERMAN FAMILY TRUST; ATF 2NDS WORLD CARINGBAH TRUST; ATF 2NDS WORLD PENRITH TRUST; ATF 2NDS WORLD AUBURN TRUST; ATF 2NDS WORLD CASTLE HILL TRUST; ATF 2NDS WORLD ONLINE TRUST; ATF BARGAIN APPLIANCES ONLINE TRUST; ATF SAVVY APPLIANCES FAMILY TRUST; AND ATF APPLIANCE SOLUTIONS DIRECT FAMILY TRUST
ACN: 002 114 105
Company: 2nds World Appliances Pty Limited
ACN: 007 198 165
Company: Seconds World Trading Pty Limited ATF The Cremorne Property Trust
ACN: 080 660 055
Status: Administrators Appointed
Appointed: 15 April 2019

Meeting details

Notice is given that a second meeting of the creditors of the Company, or a second meeting for each of the Companies, (for multiple companies), will be held:

Location: Level 2, 151 Macquarie Street, Sydney NSW 2000.
Meeting date: 30 May 2019
Meeting time: 10.30am

(If multiple companies, see special instructions for meeting times)

Agenda

The purpose of the meeting(s) is:

  1. to receive the report by the Administrator(s) about the business, property, affairs and financial circumstances of the Company(ies); and
  2. to receive a statement of Administrator(s) opinion and reasons for the opinion:
    1. whether it would be in the creditors' interests for the Company(ies) to execute a deed of company arrangement;
    2. whether it would be in the creditors' interests for the administration to end;
    3. whether it would be in the creditors' interests for the company to be wound up;
  3. to receive a statement of such other information known to the administrator as will enable the creditors to make an informed decision about the matters at paragraphs 2(a) – (c) above;
  4. to receive details of any transactions that appear to the Administrator(s) to be a voidable transaction in respect of which money, property, or other benefits may be recoverable by a liquidator under part 5.7B of the Act
  5. to receive details of any proposed deed of company arrangement; and
  6. for the creditors of the Company(ies) to resolve that:
    1. the Company(ies) execute a deed of company arrangement; or
    2. the administration(s) should end; or
    3. the Company(ies) be wound up.

Other agenda items are:

    1. To consider the Administrators' recommended course of action as to the future of the companies and make a resolution under Corporations Act 2001 section 439C.
    2. To confirm the appointment of the Administrators as Liquidators of the companies in the event that it is wound up;
    3. To approve the remuneration of the Administrators and Liquidators or Deed Administrators (if appointed) of the companies.
    4. To consider the appointment of a committee of inspection/s.
    5. In the event that the company is wound up, to authorise the destruction of the books and records following deregistration of the companies, subject to the consent of the Australian Securities and Investments Commission.
    6. Any other business.

    Proof of debt and proxies

    Creditors wishing to attend are advised proofs and proxies are to be submitted to the Administrator by:

    Time: 4pm
    Date: 29 May 2019

    Date of Notice: 22 May 2019

    Mark Robinson - Joint & Several
    Administrator

    Riad Tayeh, Mark Robinson and Antony Resnick
    Joint Appointees

    Address de Vries Tayeh
    Level 2, 151 Macquarie Street
    Sydney NSW 2000
    Contact person Angus Fraser
    Contact number 02 9633 3333
    Facsimile 02 9633 3040
    Email afraser@dvtgroup.com.au