Australia, July 1 -- Daniel Trelease Pty. Ltd. (ACN: 605 346 683) has issued an insolvency 'notice of second meeting of creditors of company under administration.'
Status: Administrator Appointed
Appointment Date: May 30
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: JLA Insolvency & Advisory
Suite 1B, Level 13
50 Margaret Street
Sydney NSW 2000
Meeting date: 04 July 2025
Meeting time: 11:00AM."
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
- 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
If the Company is placed into Liquidation, to consider, and if thought fit, provide/contribute funds for investigations into the Companys affairs.
To consider and approve that the Administrator / Deed Administrator and/or Liquidator be authorised to enter into an agreement pursuant to Section --(-) of the Corporations Act, including but not limited to:
- Legal Advice;
- Taxation or Other Advices (as appropriate);
- Australian Securities and Investments Commission (ASIC) Assetless Administration Funding (AA Funding);
- Fair Entitlements Guarantee (FEG) (formerly known as General Employee Entitlements and Redundancy Scheme (GEERS));
- Litigation and/or creditors funding and that the remuneration provided under any funding agreement of the Administrator, Deed Administrator and/or Liquidator, his partners and/or staff, to be fixed on a time basis at the rates of Jamieson Louttit & Associates from time to time with such annual increases (if any) no greater than ten percent (-%), beyond which further approval may be sought from creditors, and/or as subsequently agreed."
The detailed information can be found at: https://publishednotices.asic.gov.au/browsesearch-notices/notice-details/Daniel-Trelease-Pty-Limited-605346683/b905acb6-5a44-4f44-bced-48e049f8c3da
NOTE: This information has been taken from the Australian Securities and Investment Commission's website.
Disclaimer: Curated by HT Syndication.
