Second Meeting Of Creditors Of Company Under Administration

Jdz Electrical Pty Ltd

ACN: 610177136

ABN: 75610177136

Published: 15/5/2019

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:

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. to consider a resolution that the Liquidator(s) 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 Act

13. to consider a resolution that the Liquidator(s) 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 Act

14. 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

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

16. any other business that may lawfully arise

Cor Cordis

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