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Corporations Act 2001
Schedule 2 - Insolvency Practice Schedule (Corporations) s75-10(a)
Insolvency Practice Rules (Corporations) 2016 s75-40(1)

NOTICE OF MEETING OF CREDITORS

Company details

Company: CITY STEEL PTY. LTD.
ACN: 603 192 481
Status: In Liquidation
Appointed: 08 May 2021

Meeting details

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:

Location: Due to COVID19 and the resulting Government policy on the restriction of social gatherings, this meeting will be held virtually only, i.e. there will be no physical location for the meeting.
Meeting date: 30 August 2021
Meeting time: 11:00AM

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

Agenda

Agenda items are:

  • to receive and consider a report from the external administrator(s)
  • to fix or determine the remuneration of the external administrator(s)
  • to fix or determine the future remuneration of the external administrator(s)
  • to appoint a committee of inspection and, if so, who are to be the committee members
  • to consider the early destruction of books and records
  • any other business

    • a) To consider and if thought fit, approve the compromise/ settlement
    of specific debts owing to the Company as detailed in the Report to
    Creditors dated 6 August 2021;

    b) To consider and if thought fit, to authorise the Liquidator to
    compromise/settle other debts owing to the Company as detailed in the
    Report to Creditors dated 6 August 2021;

    c) To consider and if thought fit, to authorise the Liquidator to
    compromise/settle debts/ claims against various parties as detailed in
    the Report to Creditors dated 6 August 2021;

    d) To consider and, if thought fit, approve the Liquidator entering into
    agreements which exceeds three (3) months;

    e) To consider and, if thought fit, approve the disbursements of the
    Liquidator; and

    f) Any other business that may be lawfully brought forward.

    Proof of debt and proxies

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

    Time: 04:00PM
    Date: 27 August 2021

    Date of Notice: 05 August 2021

    Shumit Banerjee
    Liquidator

    Address Westburn Advisory
    Level 5, 115 Pitt Street, Sydney 2000
    Contact person Shumit Banerjee
    Contact number 02 9113 7222
    Facsimile
    Email shumit.banerjee@westburnadvisory.com.au