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Notice

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Corporations Act 2001
Insolvency Practice Rules (Corporations) 2016
s80-5(4) and(5) and s70-40(1)

NOTICE OF MEETING OF MEMBERS OF COMMITTEE OF INSPECTION

Company details

Company: i-Prosperity Pty Ltd (In Liquidation)
ACN: 142 091 585
Company: i-Prosperity Group Pty Ltd (In Liquidation)
ACN: 607 564 527
Status: In Liquidation
Appointed: 19 August 2020

Meeting details

Notice is given that a meeting of the committee of inspection of the Company, or a meeting of the committee of inspection for each of the Companies, (for multiple companies), will be held:

Location: Cor Cordis, Mezzanine Level, 28 The Esplanade, Perth WA 6000
Meeting date: 29 March 2023
Meeting time: 10:00am (AEDT)

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

Agenda

Agenda items are:

  • to receive and consider a report from the external administrator(s)
  • to fix or determine the remuneration of the external administrator(s)
  • to fix or determine the future remuneration of the external administrator(s)
  • any other business
  • - Provide an update on the Liquidators' investigations as to whether IPP or IPG ought to be entitled to the Settlement Funds.

    - Consider a resolution in respect to which entity ought to receive the Settlement Funds (less the deduction of universal distributing costs incurred by the respective liquidations of IPP and IPG).

    - Consider a resolution regarding the approval of the IPP Liquidators' remuneration for the period 1 May 2022 to 30 June 2022.

    - Consider a resolution of the IPP Liquidators' remuneration for the period 1 July 2022 to 31 December 2022.

    - Consider a resolution of the IPP Liquidators' remuneration for the period 1 January 2023 to 28 February 2023.

    - Discuss any other business that arises.

    Special instructions

    These meetings will be held concurrently at 10:00am (AEDT) 29 March 2023. The concurrent meetings will be conducted using virtual meeting technology and members of the Committee of Inspection will be able to attend by using Microsoft Teams meeting software, which allows for attendance via telephone or video conference. To attend the meeting by virtual meeting technology, please contact the iProsperity team as soon as possible at iprosperity@corcordis.com.au.

    Members of the Committee of Inspection may also physically attend the meeting at the address specified in the notice of meeting.

    Voting will be a show of hands or otherwise by a poll if requested by creditors or directed by the chairperson.

    Proxies

    Members of the committee are advised proxies should be submitted to the convenor of the meeting by:

    Time: 4:00 PM (AEDT)
    Date: 28 March 2023

    Virtual Meeting Technology

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

    Facility details Please contact the Liquidators' office
    Password: Please contact the Liquidators' office


    Date of Notice: 15 March 2023

    Jeremy Joseph Nipps
    Liquidator

    Barry Wight
    Joint Appointees

    Address Cor Cordis
    Mezzanine Level
    28 The Esplanade
    PERTH WA 6000
    Contact person Mariella Polizzi
    Contact number 03 8320 5673
    Facsimile
    Email iprosperity@corcordis.com.au
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