INSOLVENCY NOTICE: INSPIRE ADMIN NSW ISSUES 'NOTICE OF SECOND MEETING OF CREDITORS OF UNDER ADMINISTRATION'

Australia, May 28 -- Inspire Admin NSW Pty. Ltd. (ACN: 661 814 919) has issued an insolvency 'notice of second meeting of creditors of company under administration.'

Status: Administrator Appointed

Appointment Date: May 01

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: The meeting will be held on Microsoft teams and creditors are to

contact us for details. No physical attendance at the

meeting will be permitted. The address has been stated to

comply with Insolvency Practice Rules (Corporations)

requirements only.

Meeting date: 05 June 2025

Meeting time: 11:00am AEST."

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 consider the approval of the Voluntary Administrator remuneration;

- To consider the annual administration charge;

- For creditors to resolve that:

(a) A Deed of Company Arrangement be executed by Inspire Admin NSW Pty

Limited; or

(b) The Administration of Inspire Admin NSW Pty Limited should end; or

(c) That Inspire Admin NSW Pty Limited be wound up.



IN THE EVENT CREDITORS VOTE IN FAVOUR OF THE EXECUTION OF THE DEED

- To consider the nomination of a person(s) to be Deed Administrator(s);

- To consider approval of the Deed Administrator(s) remuneration;



IN THE EVENT INSPIRE ADMIN NSW PTY LIMITED IS WOUND UP

- To consider the nomination of a person(s) to be Liquidator(s);

- To consider approval of the Liquidator(s) remuneration;

- To consider the appointment and constitution of a committee of inspection;

- To authorise the Liquidator(s) to be able to destroy the books and records of the

Company within a period of six (- months after the dissolution of the Company,

subject to obtaining prior approval from the Australian Securities & Investments

Commission (ASIC); and

-. Any other business."

The detailed information can be found at: https://publishednotices.asic.gov.au/browsesearch-notices/notice-details/Inspire-Admin-NSW-Pty-Limited-661814919/23d8fafc-4bef-4f7a-8546-588b5b86e157

NOTE: This information has been taken from the Australian Securities and Investment Commission's website.

Disclaimer: Curated by HT Syndication.