Australia, Dec. 14 -- "HOME & GIFTWARE", " Casa Rugs ", " CASA UNO BY HOME & GIFTWARE" and " ELTON & MILLS" (H&G Living Pty. Ltd.) (ACN: 615 114 111) has issued an insolvency 'notice of second meeting of creditors of company under administration.'
Status: Administrators Appointed
Appointment Date: Nov. 15
Meeting Details: "Notice is given that a second meeting of the creditors of the Company, or a second meeting for each of the Companies, (for multiple companies), will be held:
Location: Level 2, 72 Pitt Street, Sydney NSW 2000 or via Zoom
Meeting date: 20 December 2024
Meeting time: 3.00 PM AEDT."
The agenda of the meeting is: "The purpose of the meeting(s) is:
- to receive the report by the Administrator(s) about the business, property, affairs and financial circumstances of the Company(ies); and
- to receive a statement of Administrator(s) opinion and reasons for the opinion:
- whether it would be in the creditors' interests for the Company(ies) to execute a deed of company arrangement;
- whether it would be in the creditors' interests for the administration to end;
- whether it would be in the creditors' interests for the company to be wound up;
- 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 -a) - (c) above;
- 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 -- of the Act
- to receive details of any proposed deed of company arrangement; and
- for the creditors of the Company(ies) to resolve that:
- the Company(ies) execute a deed of company arrangement; or
- the administration(s) should end; or
- the Company(ies) be wound up.
Other agenda items are:
- to determine the remuneration of the administrator(s)
- to determine the future remuneration of the administrator(s)
- to determine the deed administrator(s) and or liquidator(s) future remuneration if appointed
- if the company is wound up to consider the early destruction of books and records
- any other business
- to determine the disbursements of the administrator(s);
- to determine the liquidator(s) future disbursements if appointed;."
The detailed information can be found at: https://publishednotices.asic.gov.au/browsesearch-notices/notice-details/HandG-Living-Pty-Ltd-615114111/07cf9b8a-b4a4-4bb7-8058-ffc2e12ebff8
NOTE: This information has been taken from the Australian Securities and Investment Commission's website.
Disclaimer: Curated by HT Syndication.