ASIC Published Notices

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

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

Agenda items are:

1. To consider the Notice and Report to Creditors dated 4 July 2017;
2. To elect a chairman of the meeting;
3. To consider the Declaration of Independence, Relevant Relationships and Indemnities enclosed in this notice and Report to Creditors;
4. To approve the retrospective remuneration of the Liquidator for the period
29 April 2016 to 30 June 2017 in the amount of $193,865.58, plus GST, such amount calculated on a time cost basis using hourly rates adopted by Jirsch Sutherland, and that such remuneration be drawn at the discretion of the Liquidator;
5. To approve the prospective remuneration of the Liquidator for the period
1 July 2017 to completion in the amount of $250,000, plus GST respectively, such amount calculated on a time cost basis using hourly rates adopted by Jirsch Sutherland, and that such remuneration be drawn at the discretion of the Liquidator;
6. To consider the appointment and constitution of a committee of inspection, if creditors see fit to appoint such a committee of inspection;
7. That the Liquidator be authorised to admit a proof of debt from himself as Liquidator of Daily Planet Australia Pty Ltd (In Liquidation) (DPA) in an amount equal to the total sum of creditor claims received or shown in the books of DPA and the sum of costs associated with the Liquidation of DPA. The proof of debt admitted will entitle DPA to participate in any dividend in the Liquidation of MCP and vote at any creditor meetings of MCP.
8. Pursuant to Section 477(2A) of the Corporations Act 2001, to authorise the Liquidator to be able to compromise debts in excess $100,000;
9. Pursuant to Section 477(2B) of the Corporations Act 2001, to authorise the Liquidator to enter into any agreements with terms greater than 3 months, even if the term may end, or the obligations may be discharged, within those 3 months;
10. Pursuant to Section 542 of the Corporations Act 2001, to authorise the Liquidator to destroy, at his discretion, the books and records of the Company within a period of six (6) months after the dissolution of the Company, subject to obtaining prior approval from the Australian Securities & Investments Commission (ASIC); and
11. Any other relevant business.

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

TELECONFERENCE INFORMATION:
We advise that Teleconference facilities will be available at this meeting.

Any creditor wishing to attend the meeting via teleconference must contact this office by no later than 4:00pm (local time) on 19 July 2017.

Creditors should note that any costs incurred in attending the meeting via teleconference are their own to bear and these costs are not able to be reimbursed from the assets of the Company.

Creditors wishing to attend by telephone are advised they can utilise the following conference facility:

Creditors wishing to participate in the meeting by telephone must return to the convenor of the meeting not later than the second last working day before the day of the meeting, a written statement setting out the name of the person and of the proxy or attorney, (if any), an address to which notices to the person proxy or attorney may be sent, a telephone number at which the person, proxy or attorney may be contacted and any facsimile number to which notices to the person, proxy or attorney may be sent. A person, or the proxy or attorney of a person who participates in the meeting by telephone, must pay any costs incurred in participating and is not entitled to be reimbursed for those costs from the assets of the Company.

Glenn Anthony Crisp
Official Liquidator