Second Meeting Of Creditors Of Company Under Administration

Greatcell Solar Australia Pty Ltd formerly Known As Dyesol Australia Pty Ltd

ACN: 131374064

ABN: 96131374064

Greatcell Solar Industries Pty Ltd formerly Known As Dyesol Industries Pty Ltd

ACN: 083102498

ABN: 83083102498

Greatcell Solar Ltd formerly Known As Dyesol Ltd

ACN: 111723883

ABN: 92111723883

Published: 14/3/2019

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. to consider the appointment of an alternative deed administrator(s) or liquidator(s)
  5. 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
  6. if the company is wound up to consider the early destruction of books and records
  7. any other business

8. That the meeting of creditors for the above Companies be held concurrently.

9. if creditors resolve that the company execute the proposed DOCA, to consider the appointment of a committee of inspection and, if so, who are to be the committee members.

10. to determine the Trustees future remuneration if appointed

11. to consider the internal disbursements of the Voluntary Administrators

12. to consider the internal disbursements of the Deed Administrators

13. to consider the internal disbursements of the Trustees

14. to consider the internal disbursements of the Liquidators

Bri Ferrier

E-mail: kla@brifnsw.com.au