Second Meeting Of Creditors Of Company Under Administration

Stratmont Pty Ltd

ACN: 639416694

Published: 8/12/2021

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:

(a) to receive the report by the Administrators about the business, property, affairs and financial circumstances of the Company;



(b) to receive a statement of the Administrators opinion and reason for the opinion:



a. whether it would be in the creditors interests for the Company to execute a Deed of Company Arrangement;

b. whether it would be in the creditors interests for the administration to end; or

c. whether it would be in the creditors interests for the Company to be wound up;



(c) for the creditors of the Company to resolve that:



a. the Company executes a Deed of Company Arrangement; or

b. the administration should end; or

c. the Company be wound up.



(d) whether to adjourn the meeting (for a maximum of 45 business days);



(e) approval of the remuneration of the Administrators, the Deed Administrator(s) or the Liquidator(s);



(f) if the Company executes a Deed of Company Arrangement, the appointment of the Deed Administrator(s);



(g) if the Company is wound up, the appointment of the Liquidator(s);



(h) to consider the early destruction of the books and records of the Company;



(i) to consider appointing a Committee of Inspection and if so, who are to be the Committee members and that Committee members may directly or indirectly gain a profit or advantage from the external administration of the Company; and



(j) any other business.

Hall Chadwick

Melbourne VIC 3000
E-mail: SChong@hallchadwick.com.au