Meeting Of Members Of Committee Of Inspection
Colton Coal Pty Ltd
Northern Energy Corporation Ltd
Agenda items are:
- to receive and consider a report from the external administrator(s)
- to consider a summary of the receipts and payments of the external administrator(s)
- to fix or determine the remuneration of the external administrator(s)
- any other business
- To provide an update to the Committees on the progress of the liquidations including the public examinations conducted between 14 and 18 September 2020.
- To seek the Committee ' s consent for the liquidators to enter a further deed with WICET to provide funds to commence litigation against New Hope and the former directors and officers of the Companies in relation to voidable transactions, insolvent trading, asset transfers and breaches of directors ' duties.
- To seek the Committee ' s approval of the liquidators ' future disbursements for the period from 22 February 2021 to 30 June 2021.
- To address any questions the Committees have in relation to the liquidations generally.