Meeting Of Creditors

Firm Glass And Aluminium Pty Ltd

ACN: 165234631

ABN: 35165234631

Published: 11/9/2017

Agenda items are:

1. To receive an update from the Liquidators of the Company.



2. To consider that the remuneration of the Administrators of Firm Glass and Aluminium Pty. Ltd. for the period from 9 August 2017 to 8 September 2017 be determined at a sum equal to the cost of time spent by the Administrators and their partners and staff of Cor Cordis, calculated at the hourly rates set out in the schedule of Cor Cordis Standard Rates effective 1 July 2017, and is approved for payment in the sum of $71,250.00 plus GST, and that the Administrators can draw the remuneration immediately or as required.



3. To consider that the internal disbursements of the Administrators of Firm Glass and Aluminium Pty. Ltd. and their firm for the period of the administration be calculated as per the method and rates set out in the remuneration approval report dated 11 September 2017 and approved for payment up to a capped amount of $4,000.00 plus GST and that payment of internal disbursements incurred can be made on a monthly basis or as required.



4. To consider that the future remuneration of the Liquidators of Firm Glass Aluminium Pty. Ltd. for the period from commencement on 8 September 2017 to the end of the liquidation be determined and approved for payment at a sum equal to the cost of time spent by the Liquidators and their partners and staff of Cor Cordis, calculated at the hourly rates set out in the schedule of Cor Cordis Standard Rates effective 1 July 2017, up to a capped amount of $50,000.00 plus GST, and that the Liquidators can draw the remuneration on a monthly basis or as required.



5. To consider that the internal disbursements of the Liquidators of Firm Glass and Aluminium Pty. Ltd. and their firm for the period of the liquidation be calculated as per the method and rates set out in the remuneration approval report dated 11 September 2017 and approved for payment up to a capped amount of $5,000.00 plus GST and that payment of internal disbursements incurred can be made on a monthly basis or as required.



6. To consider a resolution that the Liquidators be authorised to compromise any debt owing to the Company at their discretion and not otherwise be subject to the limitations under section 477(2A) of the Corporations Act 2001.



7. To consider a resolution that the Liquidators be authorised to enter into an agreement lasting longer than three months at their discretion and not otherwise be subject to the limitations under section 477(2B) of the Corporations Act 2001.



8. To consider appointing a committee of inspection and, if so, who are to be the committee?s members.



9. To consider a resolution that the Liquidators be authorised to destroy the books and records of the Company six months after deregistration of the Company, subject to obtaining prior approval of the Australian Securities and Investments Commission.



10. Any other business that may lawfully arise.

Cor Cordis Chartered Accountants

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