ASIC Published Notices

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:

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

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 determine the remuneration of the administrator(s)
2. to determine the future remuneration of the administrator(s)
3. to determine the deed administrator(s) and or liquidator(s) future remuneration if appointed
4. if the company is wound up, to consider the appointment of a committee of inspection and, if so, who are to be the committee members
5. if the company is wound up to consider the early destruction of books and records
6. any other business

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

Creditors are not entitled to vote unless they have lodged a Formal Proof of Debt Form (Form 535) (Annexure C) with the Chairperson setting out the particulars of their debts. If a creditor wants to vote by proxy, they are required to complete an Instrument of Proxy Form (Annexure D). A corporate creditor can only be represented by proxy or by a representative appointed under Section 250D of the Act.

Given the above, to enable electronic facilities to be organised and to receive login details for the virtual meeting, creditors are requested to submit the following details to Ms Emma Engelbrecht of this office by no later than 13 May 2021 at 4pm a completed Formal Proof of Debt Form (Form 535) and a completed Appointment of Proxy (Form 532), or for those individual creditors who will be attending the meeting and do not wish to appoint a proxy on their behalf the individual creditor's name, email address to which notices may be sent, and a method by which the individual creditor may be contacted for the purposes of the meeting.

Details concerning the login and password to join the meeting will be provided prior to the meeting. These details will also include a telephone number, meeting ID and passcode for those creditors who are unable to login to the Zoom meeting, and instead wish to attend the meeting via Zoom teleconference.

Creditors wishing to attend the meeting using virtual meeting technology are advised they can use the following facility to attend the meeting:

Gregory Stuart Andrews
Administrator