Australia, March 15 -- Ontime Movers and Storage (Ontime Movers Pty. Ltd.) (ACN: 618 822 374) has issued an insolvency 'notice of meeting of eligible employee creditors.'
Status: Administrators Appointed
Appointment Date: Feb. 17
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: Via Videoconference Only
Meeting date: 24 March 2025
Meeting time: 10:30 AM."
The agenda of the meeting is: "Agenda items are:
(a) To consider the Administrators' reports in relation to the eligible employee creditors and the Company's affairs and any other matters relating to the Company's future
(b) To resolve that the priorities provided by Section ---0 and --in respect of eligible employee creditors will be subject to the following variation:
"That the proposed deed of company arrangement does not require a provision to the effect that any eligible employee entitlements will be entitled to a priority at least equal to what they would be entitled if the property were applied in accordance with Sections ---0 and --of the Corporations Act."
(c) To discuss any other relevant business which may arise."
The detailed information can be found at: https://publishednotices.asic.gov.au/browsesearch-notices/notice-details/Ontime-Movers-Pty-Ltd-618822374/69386099-de9f-4e2d-9d19-6475aed09b29
NOTE: This information has been taken from the Australian Securities and Investment Commission's website.
Disclaimer: Curated by HT Syndication.
