Meeting Of Members Of Committee Of Inspection
Pindan Contracting Pty Ltd
Pindan Group Pty Ltd
Agenda items are:
1. Provide an update on the proposal to refinance the Bankwest secured debt.
2. Provide an update on a possible Deed of Company Arrangement ( ' DOCA ' ) being discussed with Oxley Holdings Limited ( ' Oxley Holdings ' ).
3.Provide an update in respect of a potential claim against the Directors (either collectively or individually) and/or Oxley Holdings in connection with letters of support.
4. Provide an overview of the estimated return to creditors under the following scenarios:
5. Estimated outcome under a possible DOCA from Oxley Holdings; and
6. Estimated outcome if the Companies ' were placed into liquidation.
7. Discuss a proposed further extension of the convening period within which to hold the second meeting of creditors.
8. Consider and if thought fit determine the Administrators remuneration.
9. Any other business.