Second Meeting Of Creditors Of Company Under Administration

Tandem College Pty Ltd

ACN: 058450669

ABN: 98058450669

Published: 28/1/2021

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:

1. To review the Administrator? report concerning the company?s business, property, affairs and financial circumstances;

2. To consider the adjournment of the meeting;

3. For creditors to resolve that the:

a) Company execute a Deed of Company Arrangement; or

b) Administration should end; or

c) Company be wound up; or

d) Adjourn the meeting for a maximum of 45 business days;

4. To consider the approval of the Administrator? remuneration;

5. To consider the approval of the Deed Administrator?s remuneration;

6. To consider the approval of the Liquidators? remuneration;

7. To consider the approval of the Administrator?s internal disbursements;

8. To consider the approval of the Deed Administrator?s internal disbursements;

9. To consider the approval of the Liquidators? internal disbursements;

10. To consider the approval of the destruction of the books and records of the Company six months after the dissolution/deregistration of the Company; and

11. Any other business that may be lawfully brought forward.

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Market null Wollongong
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