Australia, March 15 -- Mollymook Property Pty. Ltd. (ACN: 615 040 394) has issued an insolvency 'notice of second meeting of creditors of company under administration.'
Status: Administrator Appointed
Appointment Date: Feb. 13
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: Meeting Room 2,
Ulladulla Civic Centre
81B Princes Highway
Ulladulla NSW 2539
Meeting date: 19 March 2025
Meeting time: 3:00pm 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)."
The detailed information can be found at: https://publishednotices.asic.gov.au/browsesearch-notices/notice-details/Mollymook-Property-Pty-Ltd-615040394/b626fc07-1378-415e-b19c-eba54d4f1ef9
NOTE: This information has been taken from the Australian Securities and Investment Commission's website.
Disclaimer: Curated by HT Syndication.
