Notice is given that a meeting of the eligible employee 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:
To resolve that the priorities provided by sections 556, 560 and 561 in respect of eligible employee creditors will be subject to the following variation: That the proposed deed of company arrangement does not require a provision to the effect that any eligible employee entitlements will be entitled to a priority at least equal to what they would be entitled if the property were applied in accordance with sections 556, 560 and 561 of the Corporations Act.
Eligible employee creditors wishing to attend are advised proofs and proxies are to be submitted to the external administrator by:
Where Virtual Meeting Technology is used (see below), all voting at the meeting will be conducted by a ?show of hands? (as defined in the Insolvency Practice Rules (Corporations) 2016) unless a poll is requested.Sufficient information (above) has been given to persons who are entitled to attend the meeting to participate in the meeting by means of the Virtual Meeting Technology.
Eligible employee creditors wishing to attend the meeting using virtual meeting technology are advised they can use the following facility to attend the meeting:
John VourisAdministrator
Kathleen VourisJoint Appointees
