Second Meeting Of Creditors Of Company Under Administration

Darrouzet Restaurant Group Pty Ltd Atf Darrouzet Restaurant Group Trust

ACN: 609529393

Published: 22/11/2017

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 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

The purpose of the meeting is:

(i) To consider the Administrator ' s report on the Company ' s affairs.

(ii) For creditors to resolve:

(a) That the Company enter into a Deed of Company Arrangement; or

(b) That the administration should end; or

(c) That the Company be wound up; or

(d) That the second statutory meeting of creditors be adjourned for up to forty-five (45)

business days.

(iii) To fix the remuneration of the Administrator;

(iv) To fix the internal disbursements of the Administrator;

(v) If the Company is wound up, to consider the appointment of a Committee of Inspection;

(vi) To fix the remuneration of the Liquidator;

(vii) To fix the internal disbursements of the Liquidator;

(viii) To consider the early destruction of the Company ' s books and records (should the Company

be wound up); and

(ix) To consider the appointment of an alternate liquidator (if applicable).

Vincents Chartered Accountants

Sydney NSW 2000
E-mail: imalik@vincents.com.au