INSOLVENCY NOTICE: HOMES BY XCEL ISSUES 'NOTICE OF MEETING OF ELIGIBLE EMPLOYEE CREDITORS'

Australia, July 21 -- Homes By XCel (Xcel Group Of Cos. Pty. Ltd.) (ACN: 620 715 059) has issued an insolvency 'notice of meeting of eligible employee creditors.'

Status: Administrator Appointed

Appointment Date: June 24

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: Virtual Facilities Only

Meeting date: 29 July 2025

Meeting time: 10:00 AM."

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

to receive and consider a report from the external administrator(s) any other business

That the statutory priorities of Section -- -0 and --of the Corporations Act be varied in accordance with the proposed Deed of Company Arrangement by Zachary Burns."

The detailed information can be found at: https://publishednotices.asic.gov.au/browsesearch-notices/notice-details/Xcel-Group-of-Companies-Pty-Ltd-620715059/33c6a5ec-81c6-4f92-8963-ff4042d51ccc

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

Disclaimer: Curated by HT Syndication.