Second Meeting Of Creditors Of Company Under Administration

ACN 604 730 216 Pty Ltd (formerly Thermalair Industries Pty Ltd)

ACN: 604730216

ABN: 63604730216

Published: 31/10/2017

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 consider the Report and Statement by the Administrators pursuant to Section 439A(4)(a), (b) and (c) of the Corporations Act, 2001.

2. To consider and resolve one of the following proposals for the company ' s future:

(a) That the administration end, pursuant to Section 439C(b); or

(b) That the company be wound up pursuant to Section 439C(c).

3. To appoint a liquidator/liquidators to the company, if appropriate.

4. To consider and approve the remuneration of the Administrators and Liquidators (if appointed) of the company.

6. In the event that the company is wound up, to authorise the destruction of the books and records following deregistration of the company, subject to the consent of the Australian Securities and Investments Commission.

7. Any other business.

De Vries Tayeh

E-mail: thui@dvtgroup.com.au