Second Meeting Of Creditors Of Company Under Administration

Adaptapack Pty Ltd

ACN: 153969352

ABN: 63153969352

Walls Machinery Pty Ltd

ACN: 000974210

ABN: 20000974210

E-mail: marketing@wallsmachinery.com.au
Published: 5/12/2018

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. if the company is wound up to consider the early destruction of books and records
  6. any other business

to determine the internal disbursements of the administrator

to determine the external disbursements of the administrator for the estimated administration charge (IPS 60-20) to recover the ASIC Supervisory Cost Recovery Levy

to determine the internal disbursements of the liquidator, if a liquidator is appointed

to determine the external disbursements of the liquidator for the estimated administration charge (IPS 60-20) to recover the ASIC Supervisory Cost Recovery Levy

Hayes Advisory

Sydney NSW 2000
E-mail: rborg@hayesadvisory.com.au