Company details
Company: |
Paylab Pty Ltd (formerly known as Wage Splitter Pty Ltd) |
ACN: |
650 927 325 |
Status: |
Administrators Appointed |
Appointed: |
14 July 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: |
Virtual Meeting |
Meeting date: |
18 August 2023 |
Meeting time: |
11:00am |
(If multiple companies, see special instructions for meeting times)
Agenda
The purpose of the meeting(s) is:
- to receive the report by the Administrator(s) about the business, property, affairs and financial circumstances of the Company(ies); and
- to receive a statement of Administrator(s) opinion and reasons for the opinion:
- whether it would be in the creditors' interests for the Company(ies) to execute a deed of company arrangement;
- whether it would be in the creditors' interests for the administration to end;
- whether it would be in the creditors' interests for the company to be wound up;
- 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;
- 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
- to receive details of any proposed deed of company arrangement; and
- for the creditors of the Company(ies) to resolve that:
- the Company(ies) execute a deed of company arrangement; or
- the administration(s) should end; or
- the Company(ies) be wound up.
Other agenda items are:
- to determine the remuneration of the administrator(s)
- to determine the future remuneration of the administrator(s)
- to determine the deed administrator(s) and or liquidator(s) future remuneration if appointed
- to consider the appointment of an alternative deed administrator(s) or liquidator(s)
- 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
- if the company is wound up to consider the early destruction of books and records
Proof of debt and proxies
Creditors wishing to attend are advised proofs and proxies are to be submitted to the Administrator by:
Time: |
04:00pm |
Date: |
17 August 2023 |
Special instructions
Details for creditors to attend the meeting will be provided to those creditors who submit a written request to attend the virtual meeting accompanied by a completed proof of debt and proxy form.
Pursuant to Section 75-110 of the Insolvency Practice Rules (Corporations) 2016 (IPR), resolutions at the meeting will be decided on a poll.
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: |
To be provided upon request |
Password: |
To be provided upon request |
Date of Notice: |
10 August 2023
|
Bruce Gleeson
Joint Administrator
Daniel Robert Soire
Joint Appointees