Meeting Of Creditors
Sapbs Pty Ltd
Agenda items are:
- to receive and consider a report from the external administrator(s)
- to fix or determine the remuneration of the external administrator(s)
- to fix or determine the future remuneration of the external administrator(s)
- to appoint a committee of inspection and, if so, who are to be the committee members
- any other business
*For the purposes of Section 477(2A) of the Corporations Act 2001, the Liquidator be authorised to compromise debts owed to the Company.
*For the purpose of Section 477(2B) of the Corporations Act 2001 the Liquidator be authorised to enter into agreements including, but not limited to, leases, agreements under which security interest arise or are created, litigation funding agreements, deeds (or terms) of settlement and retainer agreements with legal practitioners where the term of any such agreement may end, or the obligations of a party to the agreement may (according to the terms of the agreement) be discharged by performance more than three months after such an agreement is entered into.