INSOLVENCY NOTICE: CARE METAZ GLOBAL ISSUES 'NOTICE OF SECOND MEETING OF CREDITORS OF UNDER ADMINISTRATION'

Australia, July 4 -- CARE METAZ GLOBAL Pty. Ltd. (ACN: 630 052 158) has issued an insolvency 'notice of second meeting of creditors of company under administration.'

Status: Administrator Appointed

Appointment Date: June 09

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: Virtually via Microsoft Teams

Meeting date: 14 July 2025

Meeting time: 11:00AM AEST."

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)

- to determine the deed administrator(s) and or liquidator(s) future remuneration if appointed

- to consider the appointment of an alternative deed administrator(s) or liquidator(s)

- if the company is wound up, to consider the appointment of a committee of inspection and, if so, who are to be the committee members

- if the company is wound up to consider the early destruction of books and records

- any other business

To consider the approval of the internal office disbursements (Annual Administration Charge ASIC Levies) of the external administrations.

If the Company is wound up and placed into liquidation:

- To authorise the Liquidator pursuant to Section ---) of the Corporations Act -0- to compromise all debts owed to the Company in excess of $-0,000; and

- To authorise the Liquidator pursuant to Section ---) of the Corporations Act -0- to enter into any agreements for a period of greater than three (- months."

The detailed information can be found at: https://publishednotices.asic.gov.au/browsesearch-notices/notice-details/CARE-METAZ-GLOBAL-PTY-LTD-630052158/50c9d505-4344-415b-8635-8626c194d8e2

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

Disclaimer: Curated by HT Syndication.