Second Meeting Of Creditors Of Company Under Administration

Azure On West Terrace Pty Ltd

ACN: 118206143

ABN: 66118206143

Published: 11/2/2020

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:

7. To consider the Directors ' statement about the Company ' s business, property, affairs and financial circumstances.



8. To consider approval of the Administrators ' remuneration.



9. To consider approval of the Administrators ' internal disbursements.



10. If the Company is wound up, to consider the appointment of a Committee of Inspection.



11. If the Company is wound up, to consider approval of the Liquidators ' remuneration.



12. If the Company is wound up, to consider approval of the Liquidators ' internal disbursements.



13. If the Company is wound up, to consider a resolution pursuant to Section 477(2B) of the Corporations Act 2001 allowing the Liquidators to enter into agreements which may continue for more than three months.



14. Any other business.

Clifton Hall

E-mail: hmarkowski@cliftonhall.net.au