Meeting Of Creditors

Cancun Trading Pty Ltd

ACN: 149123259

ABN: 13149123259

Published: 16/3/2021

Agenda items are:

1. That the remuneration of the Liquidators, as set out in the Remuneration Approval Request dated 16 March 2021, for the period from 18 July 2020 to 28 February 2021 be fixed in the amount of $329,803.00, plus any applicable GST, and may be paid.

2. That the remuneration of the Liquidators, as set out in the Remuneration Approval Request dated 16 March 2021, for the period from 1 March 2021 to completion be fixed up to a maximum amount of $150,000, plus any applicable GST, but subject to upward revision by resolution of creditors, and that the Liquidators be authorised to make periodic payments on account of such accruing remuneration as incurred.

3. That the internal disbursements of the Liquidators, as set out in the Remuneration Approval Request dated 16 March 2021, for the period from 18 July 2020 to 28 February 2021 be fixed in the amount of $721.86, plus any applicable GST, and may be paid.

4. That the internal disbursements of the Liquidators, as set out in the Remuneration Approval Request dated 16 March 2021, for the period from 1 March 2021 to completion be fixed up to a maximum amount of $2,000.00, plus any applicable GST, but subject to upward revision by resolution of creditors, and that the Liquidators be authorised to make periodic payments on account of such accruing disbursements as incurred.

5. That a committee of inspection be appointed

6. That, pursuant to Section 477(2B) of the Corporations Act 2001, creditors authorise the Liquidators to enter into an agreement for the purposes of obtaining a legal opinion on the same or substantially the same terms as outlined at section 3.1.1 of the most recent report to Creditors.

Kpmg

E-mail: bpimm@kpmg.com.au