Second Meeting Of Creditors Of Company Under Administration

P K Fibre & Communications Pty Ltd

ACN: 125858880

ABN: 98125858880

Published: 10/11/2017

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;

2. To determine the future remuneration of the administrator;

3. To determine the deed administrator?s or liquidator?s future remuneration if appointed;

4. To consider the appointment of an alternative deed administrator or liquidator;

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. To authorise the liquidator to destroy the books and records of the company within the period of 5 years after dissolution of the company, subject to obtaining prior approval of the Australian Securities and Investments Commission (if company is wound up); and

7. Any other business that may be considered with the foregoing.

Worrells Solvency & Forensic Accountants

E-mail: mandi.webb@worrells.net.au