Second Meeting Of Creditors Of Company Under Administration

Venroy Holdings Pty Ltd

ACN: 613311318

ABN: 57613311318

Published: 14/6/2019

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



To consider and approve:



That the Internal Disbursements incurred by the Liquidator/Deed Administrator and his firm from appointment to completion of the liquidation/Deed of Company Arrangement, calculated at the rates detailed in the Remuneration Report, is approved up to a capped amount $500 plus of GST, and the Liquidator/Deed Administrator can draw the payment from available funds.



To consider and approve:



That if the Company is wound up/executes a Deed of Company Arrangement, the estimated levy for the liquidation/Deed of Company Arrangement pursuant to ASIC Supervisory Cost Recovery Levy Regulations 2017, calculated at the rates detailed in the Remuneration Report is approved up to a capped amount of $600, and that the Liquidator/Deed Administrator can draw the payment from available funds.



Levi Consulting Pty Ltd

E-mail: dlevi@leviconsulting.com.au