Australia, June 10 -- 2 Develop Urban (2 Develop Urban Pty. Ltd.) (ACN: 631 784 239) has issued an insolvency 'notice of meeting of eligible employee creditors.'

Status: Administrator Appointed

Appointment Date: May 20

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: Jirsch Sutherland

Level 9, 120 Edward Street

BRISBANE QLD 4000

Meeting date: 17 June 2025

Meeting time: 10:00 AM AEST."

The agenda of the meeting is: "Agenda items are:

- To consider the Proposed Deed of Company Arrangement and variation to statutory priorities of eligible employee creditors; and

- To receive and consider a statement by the Administrator setting out the matters required by section --A(- of the Corporations Act -0-(Cth).

- That the eligible employee creditors agree to the non-inclusion of a provision in the Deed of Company Arrangement regarding the priority of their entitlements under Section --A of the Corporations Act

- Any other relevant business."

The detailed information can be found at: https://publishednotices.asic.gov.au/browsesearch-notices/notice-details/2-Develop-Urban-Pty-Ltd-631784239/00b4489c-24e7-4bd9-ab18-6a20abf0d778

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

Disclaimer: Curated by HT Syndication.