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:
1. That the further remuneration of the Voluntary Administrators, as set out in the Deed Administrators Remuneration Approval Request Report dated 19 January 2016, for the period from 16 September 2015 to 15 October 2015 be fixed in the amount of $58,060.50 plus any applicable GST, be approved.2. That the further remuneration of the Deed Administrator, as set out in the Deed Administrators Remuneration Approval Request Report dated 19 January 2016, for the period from 16 October 2015 to date of execution of the DOCA variation proposal be fixed in the amount of $69,096.00 plus any applicable GST, be approved.3. That the Company terminates the existing DOCA and the Company be placed into liquidation.4. If the resolution to place the Company into liquidation is approved, that a provision for the Liquidators remuneration in the amount of $300,000.00 plus any applicable GST for the period from 29 January 2016 to completion of the Liquidation as set out in the Remuneration Approval Request Report dated 19 January 2016, be approved but subject to upward revision by resolution of creditors, and that the Liquidator be authorised to make monthly payments on account of such accruing remuneration as incurred.5. The Company executes the DOCA variation as outlined in the Deed Administrators report dated 1 February 2016.6. That the further remuneration of the Deed Administrator / Trustee of the Creditors Trust, as set out in the Deed Administrators Remuneration Approval Request Report dated 19 January 2016, for the period from the execution of the DOCA to the completion of the DOCA and Creditors Trust be fixed in the amount of $100,000.00 plus any applicable GST, be approved.
Creditors wishing to attend are advised proofs and proxies must be submitted to the deed administrator by:
Martin Bruce JonesDeed Administrator