Meeting Of Creditors

At the meeting creditors may consider a resolution:

1. to appoint a committee of inspection and, if so, who are to be the committee members; and
2. to remove the liquidator(s) from office and appoint someone else as liquidator(s) of the Company.

Other agenda items are:

To consider a Report as to Affairs of the Company and the circumstances leading up to the Liquidation of the Company.



To consider the appointment of an alternative Liquidator.



To consider the appointment of a Committee of Inspection, if appropriate.



To fix the remuneration of the Liquidator, as required.



To consider any other business that may be lawfully brought forward.



Attendance at this meeting is not compulsory. Creditors may attend and vote in person, by proxy or by attorney. The appointment of a proxy must be made in accordance with Form 532.



A special proxy can be lodged showing approval or rejection of each resolution. Proxy forms or emails thereof must be lodged with our office by 10:00AM on the day the meeting. Where an email copy of a proxy is sent, the original must be lodged with our office within 72 hours after receipt of the facsimile. An attorney of the creditor must show the instrument by which he or she is appointed to the Chairman of the meeting, prior to the commencement of the meeting.



In accordance with Regulation 5.6.23(1) of the Corporations Regulations, creditors will not be entitled to vote at this meeting unless they have lodged particulars of their claim against the Company (Informal Proof of Debt form) with my office prior to the commencement of the meeting.