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.