Second Meeting Of Creditors Of Company Under Administration

Emu Group Pty Ltd

ACN: 133207520

ABN: 20133207520

Published: 7/5/2020

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:

6. d. adjourn the meeting for up to 45 business days

7. to determine the remuneration of the Administrator(s)

8. to determine the future remuneration of the Administrator(s)

9. to consider the appointment of an alternative Liquidator(s)

10. to determine the future remuneration of the Liquidator(s)

11. to determine the future disbursements of the Liquidator(s)

12. 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

13. if the Company is would up and if a committee of inspection is appointed, to consider a resolution that the members of the committee of inspection, and any related entity of those members, be permitted to deal with and provide goods and/or services to the Company and/or its liquidators in the ordinary course of business for the period of the liquidation

14. if the company is wound up to consider the early destruction of books and records

15. any other business that may lawfully arise

Cor Cordis

Sydney NSW 2000
E-mail: sydney@corcordis.com.au