INSOLVENCY NOTICE: TOOWONG PRIVATE HOSPITAL ISSUES 'NOTICE OF SECOND MEETING OF CREDITORS OF UNDER ADMINISTRATION'

Australia, June 10 -- Toowong Private Hospital (N.A. KRATZMANN & SONS Pty. Ltd.) (ACN: 009 693 716) has issued an insolvency 'notice of second meeting of creditors of company under administration.'

Status: Administrators Appointed

Appointment Date: May 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: via Microsoft Teams

Meeting date: 18 June 2025

Meeting time: 11:00 am."

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

- any other business

-Consider whether a Committee of Inspection is to be appointed, and if so, the members of that Committee.

-Consider whether, pursuant to Section ---) of the Corporations Act -0-(the Act), creditors authorise the Liquidators to compromise a debt (maximum limit $-0,000)

-Consider whether, pursuant to Section ---) of the Corporations Act -0- creditors authorise the Liquidators to enter into any agreement on terms more than three months.

-Consider whether, the books and records of the Company and of the Liquidators may be disposed of by the Liquidators - months after the dissolution of the Company or earlier at the discretion of ASIC."

The detailed information can be found at: https://publishednotices.asic.gov.au/browsesearch-notices/notice-details/NA-KRATZMANN-and-SONS-PTY-LTD-009693716/01883f7f-aef2-4d34-a524-e2e50545810a

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

Disclaimer: Curated by HT Syndication.