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 receive and consider a Report about the Company's business, property, affairs and financial circumstances.
2. To fix the remuneration of the Administrator.
3. To fix the disbursements of the Administrator
4. For creditors to resolve:
a. that the administration should end; or
b. that the Company be wound up.
Creditors also have the option to adjourn the meeting for a period of up to forty-five (45) business days.
5. If the Company is to be wound up:
a. to appoint a Liquidator(s);
b. to consider appointing a Committee of Inspection (if appropriate);
c. if no Committee is appointed, to fix the remuneration of the Liquidator(s);
d. if no Committee is appointed, to fix the internal disbursements of the Liquidator(s); and
e. if no Committee is appointed, to consider the destruction of the books and records at the conclusion of the winding up (if appropriate).
6. Any other relevant business that may be lawfully brought forward.

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

In accordance with Rule 75-75 of the Insolvency Practice Rules (Corporations) 2016, a virtual meeting will be held utilising teleconference facilities. Creditors are required to attend by electronic means and no physical place for the meeting will be provided.

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

Stephen Dixon
Administrator