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Notice

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Corporations Act 2001
Subsection 439A(1)
Insolvency Practice Rules (Corporations) 2016 s75-40(1)

NOTICE OF SECOND MEETING OF CREDITORS OF COMPANY UNDER ADMINISTRATION

Company details

Company: Neway Holdings Pty. Limited
ACN: 003 972 076
Company: NT ACT Pty Ltd
ACN: 128 810 300
Company: NT Queensland Pty Ltd
ACN: 128 810 622
Company: N.T. Southaus Pty Ltd
ACN: 117 283 093
Company: NT VIC Pty Ltd
ACN: 110 845 120
Company: NT Westaus Pty Ltd
ACN: 118 364 846
Status: Administrators Appointed
Appointed: 27 February 2023

Meeting details

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:

Location: This meeting will be held physically and virtually. The physical location for the meeting will be held at the offices of BRI Ferrier, Level 30, Australia Square, 264 George Street, Sydney NSW 2000.
Meeting date: 03 April 2023
Meeting time: 2:30 PM AEST

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

Agenda

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. to consider the appointment of an alternative deed administrator(s) or liquidator(s)
  5. 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
  6. if the company is wound up to consider the early destruction of books and records
  7. any other business

Proof of debt and proxies

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

Time: 4:00 PM AEDT
Date: 31 March 2023

Special instructions

The meetings for the companies will be held concurrently.

Creditors wishing to attend the meeting using virtual meeting technology are advised they can use the following link to register their details at the following link:

https://us06web.zoom.us/meeting/register/tZIvf-CtpjkvGd1ltdDc11myhn7nKON_cFHV

Upon completion of registration, a link to access the virtual meeting will be emailed to you. This link will be unique for each attendee and cannot be shared with other parties.

Virtual Meeting Technology

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

Facility Number: https://us06web.zoom.us/meeting/register/tZIvf-CtpjkvGd1ltdDc11myhn7nKON_cFHV
Password: Please contact the Administrators' office for the password


Date of Notice: 27 March 2023

Peter Paul Krejci
Administrator

Peter Paul Krejci & Andrew John Cummins
Joint Appointees

Address BRI Ferrier
Level 30, Australia Square, 264 George Street
SYDNEY NSW 2000
Contact person Jack Li, Joshua Coorey, Sushma Mandira
Contact number 02 8263 2300
Facsimile
Email jli@brifnsw.com.au
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