Meeting Of Creditors
Formwork Solutions Aust Pty Ltd
Agenda items are:
- to receive and consider a report from the external administrator(s)
- to fix or determine the remuneration of the external administrator(s)
- to fix or determine the future remuneration of the external administrator(s)
- any other business
- To consider a resolution that the Liquidator be authorised to enter into a deed of settlement to compromise the debt due owed by The Superseal Group (QLD) Pty Ltd and Concrete Durability and Waterproofing Solutions Pty Ltd (Trading as Penetron) and Mr John Abouslaibi, as detailed in the report to creditors dated 28 September 2021 for the settlement sum of $300,000 to be paid, in part, via instalments over a period of up to 5 months, and that the Liquidator is not otherwise subject to the limitations under Sections 477(2A) and 477(2B) of the Corporations Act 2001.