Australia, Jan. 30 -- LPL ONLINE (LPL Online Pty. Ltd.) (ACN: 640 286 693) has issued an insolvency 'notice of resumed meeting of creditors.'

Status: Administrator Appointed

Appointment Date: Nov. 04, 2024

Meeting Details: "Notice is given that a resumed meeting of the creditors of the Company, or a resumed meeting for each of the Companies, (for multiple companies), will be held:

Location: Virtual Meeting

Meeting date: 07 February 2025

Meeting time: 12:00pm AEDT."

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

to fix or determine the remuneration of the external administrator(s) to fix or determine the future remuneration of the external administrator(s) to appoint a committee of inspection and, if so, who are to be the committee members any other business

-To receive and consider a report form the external administrator(s)

-To receive a statement of Administrator(s) opinion and reasons for the opinion:

a.Whether it would be in the creditors' interests for the Company(ies) to execute a deed of company

arrangement;

b.Whether it would be in the creditors' interests for the administration to end;

c.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;

-To the creditors of the Company(ies) to resolve that:

a. the Company(ies) execute a deed of company arrangement; or

b. the administration(s) should end; or

c. the Company(ies) be wound up.

-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)

-To determine the internal disbursements of the liquidator(s) if appointed."

The detailed information can be found at: https://publishednotices.asic.gov.au/browsesearch-notices/notice-details/LPL-Online-Pty-Ltd-640286693/dbe3878a-1099-41e6-a344-1bd7c82b5caf

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

Disclaimer: Curated by HT Syndication.