Australia, June 13 -- Balari Re Capital Pty. Ltd. (ACN: 633 206 452) has issued an insolvency 'notice of resumed meeting of creditors.'
Status: Administrators Appointed
Appointment Date: March 10
Meeting Details: "Notice is given that a resumed meeting of the creditors of the Company, or a resumed meeting for each of the Companies, (for multiple companies), will be held:
Location: KPT Restructuring
Suite 10.01, Level 10, 50 Pitt Street
Sydney NSW 2000
Meeting date: 20 June 2025
Meeting time: 11:30AM."
The agenda of the meeting is: "Agenda items are:
- to receive the report by the Administrator(s) about the business, property, affairs and financial circumstances of the Company;
- to receive details of any proposed deed of company arrangement;
- to receive a statement of Administrator(s) opinion and reasons for the opinion:
a. whether it would be in the creditors' interests for the Company to execute a deed of company arrangement;
b. whether it would be in the creditors' interests for the administration to end;
c. 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) to (c) above;
- for the creditors of the Company to resolve that:
a. the Company execute a deed of company arrangement, or
b. the administration should end; or
c. the Company be wound up.
Other agenda items are:
- to determine the past remuneration of the administrator(s);
- to determine the future remuneration of the administrator(s);
- to consider the appointment of an alternative deed administrator(s) or liquidator(s);
- to determine the deed administrator(s) or liquidator(s) future remuneration if appointed;
- to determine the deed administrator(s) or liquidator(s) internal disbursements if appointed;
- to consider the appointment of a committee of inspection and, if so, who are to be the committee members."
The detailed information can be found at: https://publishednotices.asic.gov.au/browsesearch-notices/notice-details/Balari-Re-Capital-Pty-Ltd-633206452/7242a494-fde1-48c3-adec-edde6ec94e8e
NOTE: This information has been taken from the Australian Securities and Investment Commission's website.
Disclaimer: Curated by HT Syndication.
