Australia, Nov. 11 -- Swoop Aero Pty. Ltd. (ACN: 624 870 775) has issued an insolvency 'notice of second meeting of creditors of company under administration.'

Status: Administrator Appointed

Appointment Date: Oct. 14

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: The meeting will be held via videoconference facilities only. Please contact Mr Jack Nelson at jack@bpsreconstruction.com.au or on 03 9670 008 to obtain relevant details to enable attendance at the meeting.



The nominated physical address for this virtual meeting is BPS Reconstruction and Recovery, Suite 6, level 5, 350 Collins Street, Melbourne, Victoria, 3000, however, no in-person attendance is permitted at this address.

Meeting date: 19 November 2024

Meeting time: 2:00PM."

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."

The detailed information can be found at: https://publishednotices.asic.gov.au/browsesearch-notices/notice-details/Swoop-Aero-Pty-Ltd-624870775/480af8bc-da13-4828-8a77-21c617ab016d

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

Disclaimer: Curated by HT Syndication.