Meeting Of Eligible Employee Creditors
Envirotech Pty Ltd
Agenda items are:
- to receive and consider a report from the external administrator(s)
1. To resolve that the priorities afforded by Sections 556,560 and 561 of the Corporations Act 2001 in respect of eligible employees will be subject to the following variation:
That eligible employee creditors agree to accept the Deed of Company Arrangement which provides for the non-inclusion of eligible employee creditors entitlements, which would have been at least equal to what they would be entitled to if the property of the Company were applied in accordance with Sections 556, 560 and 561 of the Act.
2. Any other business.