Notice is given that a meeting of the creditors of the Company, or a meeting for each of the Companies, (for multiple companies), will be held:
(If multiple companies, see special instructions for meeting times)
Agenda items are:
To consider and approve the following resolution:That the Liquidator be authorised to compromise all debts greater than $100,000 owed by Andalan Investments Pty Ltd (Andalan) or Hopkins Project Management Pty Ltd (Hopkins) or Alana Graham (Graham) as detailed in the Report to Creditors dated 2 October 2018, pursuant to Corporation Regulation 5.4.02 and Section 506(1A)(a) of the Corporations Act 2001.To only consider and approve, if creditors do NOT pass a resolution to accept a compromise of the debts greater than $100,000 as detailed in the Report to Creditors dated 2 October 2018 against Andalan, Hopkins or Graham, the following resolution:That the Liquidators future remuneration be approved for the period from 2 October 2018 to the conclusion of Liquidation in the amount of $40,000.00 (plus GST). The actual amount charged will be equal to the cost of time spent by the Liquidator, his partners and staff and calculated at the hourly rates, that may be increased at a rate of 5% at 1 July each year (rounded to nearest $10) as detailed in the Report to Creditors dated 24 May 2017. The Liquidator is authorised to draw approved remuneration on a monthly basis or as required. The Liquidator reserves his right to call a further meeting of creditors to seek approval of additional remuneration, should he exceed the capped limit.
Creditors wishing to attend are advised proofs and proxies are to be submitted to the external administrator by:
Creditors wishing to attend by electronic means are advised they can use the following facility:
Creditors wishing to participate in the meeting by using electronic facilities must return to the external administrator not later than the second-last business day before the day of the meeting, a written statement setting out
Steven B KugelLiquidator