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Second Meeting Of Creditors Of Company Under Administration

Mictinole Pty Ltd t/as Kangaroo Tent City & B B Q's

ACN: 007776356

ABN: 33007776356

North Parramatta SA 2151
Published: 28/2/2018

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 consider the Notice and Report to Creditors dated 28 February 2018;

2.To consider the approval of the Joint and Several Administrators remuneration;

3.To consider the adjournment of the meeting for a period of up to 45 business days;

4. For creditors to resolve that:

(a) The Company execute a Deed of Company Arrangement (DOCA);

(b) The Administration of the Company should end and control of the Company revert back to the Director; or

(c) That the Company be wound up; and

5. Any other business.

Jirsch Sutherland

Sydney NSW 2000
E-mail: admin@jirschsutherland.com.au

Sydney Liquidator

JLA Insolvency & Advisory are a boutique insolvency practice based in the Sydney CBD. We work with a variety of corporate clients including private equity firms, listed and unlisted companies, first and second tier financiers and wealthy individuals.If you are experiencing financial distress or if you need any assistance with an insolvency related matter contact us for an obligation free discussion on how we can help.