Australia, Dec. 23 -- Durock Drilling Pty. Ltd. (ACN: 625 198 978) has issued an insolvency 'notice of meeting of eligible employee creditors.'
Status: Administrators Appointed
Appointment Date: Nov. 19
Meeting Details: "Notice is given that a meeting of the eligible employee creditors of the Company, or a meeting for each of the Companies, (for multiple companies), will be held:
Location: Mackay Goodwin
Level 12, 20 Bridge Street, Sydney NSW 2000 and via teleconference facilities
Meeting date: 24 December 2024
Meeting time: 10:30 AM."
The agenda of the meeting is: "Agenda items are:
to receive and consider a report from the external administrator(s) any other business
To resolve that the priorities provided by Sections -- -0 and --in respect of eligible employee creditors will be subject to the following variation:
That eligible employee creditors will not participate in a distribution of funds by the Deed Administrators, with all pre-appointment employee entitlements to be paid by the Company in the ordinary course of business after the execution of the DOCA."
The detailed information can be found at: https://publishednotices.asic.gov.au/browsesearch-notices/notice-details/Durock-Drilling-Pty-Ltd-625198978/6af8599e-e319-4f88-8af1-1201aabf02e3
NOTE: This information has been taken from the Australian Securities and Investment Commission's website.
Disclaimer: Curated by HT Syndication.
