Australia, May 7 -- NORMAN SOUTH YARRA (JAMES HOSPITALITY INVESTMENTS Pty. Ltd. and AMPS ENTERPRISES Pty. Ltd. (ACN: 626 130 158 and 625 311 864) have) issued an insolvency 'notice of second meeting of creditors of company under administration.'
Status: Administrator Appointed
Appointment Date: March 28
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 Teleconference Only (See Details Below) The nominated physical address for this meeting is Hamilton Murphy Advisory, Level 21, 114 William Street, Melbourne, Victoria 3000
Meeting date: 14 May 2025
Meeting time: 10:00AM."
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
- 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."
The detailed information can be found at: https://publishednotices.asic.gov.au/browsesearch-notices/notice-details/AMPS-ENTERPRISES-PTY-LTD-625311864/21ec22ae-b1f2-41a1-88ad-29e7930f090d
NOTE: This information has been taken from the Australian Securities and Investment Commission's website.
Disclaimer: Curated by HT Syndication.