Australia, April 15 -- InFlight ER (Capital Jet Resources Pty. Ltd.) (ACN: 156 634 605) has issued an insolvency 'notice of meeting of creditors.'
Status: Subject to a Deed of Company Arrangement
Appointment Date: July 31, 2023
Meeting Details: "Notice is given that a meeting of the creditors of the Company, or a meeting for each of the Companies, (for multiple companies), will be held:
Location: Virtual Meeting (via Microsoft Teams Meeting)
Although there is no physical place where creditors are able to attend the meeting, we are required under law to nominate a notional place for the meeting for administrative purposes such as establishing the time of the meeting. The notional place for this meeting is: Worrells, Building 11 Unit A, Lakes Vista Park, 2 Flinders Parade North Lakes QLD 4509.
Meeting date: 07 May 2025
Meeting time: 10:00 AM."
The agenda of the meeting is: "Agenda items are:
- to receive the report by the Administrator(s) about the business, property, affairs and financial circumstances of the Company(ies);
- to receive a statement of Administrator(s) opinion and reasons for the opinion:
whether it would be in the creditors' interests for theCompany(ies) to execute a Deed of Company Arrangement;
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 above;
- to receive details of any transactions that appear to the Deed 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 Company(ies) be wound up.
- to fix or determine the remuneration of the external administrator(s)
- to fix or determine the future remuneration of the external administrator(s)
- to fix or determine the internal disbursements of the external administrator(s)
- if the Company is wound up, to consider the appointment of a committee of inspection and, if so, who are to be the committee members
- if the Company is wound up to consider the early destruction of books and records
- any other business."
The detailed information can be found at: https://publishednotices.asic.gov.au/browsesearch-notices/notice-details/Capital-Jet-Resources-Pty-Ltd-156634605/588c05f5-5dc0-4f8c-a218-bd88627c1ee2
NOTE: This information has been taken from the Australian Securities and Investment Commission's website.
Disclaimer: Curated by HT Syndication.