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Second Meeting Of Creditors Of Company Under Administration

Regatta Rose Bay Pty Ltd

ACN: 600573537

ABN: 17600573537

Published: 17/11/2020

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(s)
  2. to determine the future remuneration of the administrator(s)
  3. to determine the deed administrator(s) and or liquidator(s) future remuneration if appointed
  4. to consider the appointment of an alternative deed administrator(s) or liquidator(s)
  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. any other business

- That the internal disbursements of the administrators of Regatta Rose Bay Pty Ltd (Administrators Appointed) and their firm for the period of the voluntary administration be calculated as per the method and rates set out in the remuneration approval report dated 17 November 2020 and approved for payment up to a capped amount of $500.00 plus GST and that payment of internal disbursements incurred can be made on a monthly basis or as required.



-That the internal disbursements of the deed administrators of Regatta Rose Bay Pty Ltd (Administrators Appointed) and their firm for the period of the deed of company arrangement be calculated as per the method and rates set out in the remuneration approval report dated 17 November 2020 and approved for payment up to a capped amount of $500.00 plus GST and that payment of internal disbursements incurred can be made on a monthly basis or as required.



- That the internal disbursements of the liquidators of Regatta Rose Bay Pty Ltd (Administrators Appointed) and their firm for the period of the liquidation be calculated as per the method and rates set out in the remuneration approval report dated 17 November 2020 and approved for payment up to a capped amount of $500.00 plus GST and that payment of internal disbursements incurred can be made on a monthly basis or as required.

Cor Cordis

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