Australia, Jan. 17 -- Pinewood Fresh Pty. Ltd. (ACN: 660 725 600) has issued an insolvency 'notice of second meeting of creditors of company under administration.'
Status: Administrators Appointed
Appointment Date: Dec. 13, 2024
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 offices of SV Partners, Level 17, 200 Queen Street, Melbourne, Victoria 3000 and by way of teleconference facilities (Microsoft Teams)
Meeting date: 21 January 2025
Meeting time: 10:00AM (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:
- At the meeting, creditors may also, by resolution adjourn the meeting for a period that must not exceed forty-five business days;
- To seek approval of the Joint and Several Administrators' remuneration;
- To seek approval of the Joint and Several Administrators' disbursements;
- In the event that the Company is wound up, confirm Michael Carrafa and Fabian Kane Micheletto as the Joint and Several Liquidators of the Company;
- To seek approval of the Joint and Several Liquidators' remuneration;
- To seek approval of the Joint and Several Liquidators' disbursements;
- In the event that the Company is placed into Liquidation, authorise the Liquidators to destroy, at their discretion, the books and records of the Company within -months after dissolution of the Companies, subject to obtaining prior approval from the Australian Securities and Investments Commission;
- To appoint a Committee of Inspection; and
- Any other business which may be properly brought before the meeting."
The detailed information can be found at: https://publishednotices.asic.gov.au/browsesearch-notices/notice-details/Pinewood-Fresh-Pty-Ltd-660725600/64750123-94bf-4394-b0b5-8e1e12f8f252
NOTE: This information has been taken from the Australian Securities and Investment Commission's website.
Disclaimer: Curated by HT Syndication.
