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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: Salt and Lime Pty Ltd
ACN: 642 142 970
Company: Salt and Lime Funding Pty Ltd
ACN: 619 815 833
Status: Administrators Appointed
Appointed: 17 June 2024

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: By virtual technology or PricewaterhouseCoopers - One International Towers, 100 Barangaroo Avenue, BARANGAROO NSW 2000
Meeting date: 22 July 2024
Meeting time: 11:00 AM

(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. 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
  5. 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
Date: 19 July 2024

Special instructions

Virtual meeting access details will be provided following a creditor's submission of a proxy form or, if you are a natural person creditor such as an employee or sole trader, on request. Accordingly, please submit your proxy/request by the due date above. Submitting your proxy/request after the due date may result in not receiving the meeting access details before the meeting commences.


Date of Notice: 12 July 2024

Daniel Walley
Administrator

Daniel Walley, Adam Colley and Andrew Scott
Joint Appointees

Address PricewaterhouseCoopers - One International Towers, 100 Barangaroo Avenue, BARANGAROO NSW 2000
Contact person Ben Sullivan
Contact number +61 2 8266 0275
Facsimile
Email ben.sullivan@au.pwc.com
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