Australia, July 3 -- M Group Trades and Labour Pty. Ltd. (ACN: 616 048 367) has issued an insolvency 'notice of resumed meeting of creditors.'
Status: Administrators Appointed
Appointment Date: May 13
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: Office of SV Partners, Level 17
200 Queen Street, Melbourne, Victoria 3000
Meeting date: 09 July 2025
Meeting time: 12:00PM."
The agenda of the meeting is: "Agenda items are:
- The Purpose of the Adjourned Meeting is to determine the fate of the Company, specifically if:
a. the Company executes a Deed of Company Arrangement;
b. the Administration ends; or
c. the Company be wound up;
- At the meeting, creditors may also, by resolution adjourn the Meeting for a period that must not exceed forty-five (- business days) from the date on which the original Meeting was held;
- To seek approval of the Joint and Several Administrators' remuneration;
- To seek approval of the Joint and Several Administrators' disbursements;
- In the event that it is resolved that the Company executes a Deed of Company Arrangement, to confirm Peter Gountzos and Fabian Kane Micheletto as the Joint and Several Deed Administrators of the Company;
- To seek approval of the Joint and Several Deed Administrators' remuneration (if applicable);
- To seek approval of the Joint and Several Deed Administrators' disbursements (if applicable);
- In the event that the Company is wound up, to confirm Peter Gountzos and Fabian Kane Micheletto as the Joint and Several Liquidators of the Company;
- To seek approval of the Joint and Several Liquidators' remuneration (if applicable);
-. To seek approval of the Joint and Several Liquidators' disbursements (if applicable);
-. In the event that the Company is placed into Liquidation, authorise the Joint and Several Liquidators to destroy, at their discretion, the books and records of the Company and of the Liquidators within the retention period, subject to obtaining prior approval from the Australian Securities & Investments Commission;
-. To appoint a Committee of Inspection; and
-. Any other business which may be properly brought before the Meeting."
The detailed information can be found at: https://publishednotices.asic.gov.au/browsesearch-notices/notice-details/M-Group-Trades-and-Labour-Pty-Ltd-616048367/1d080d6f-5aad-4272-9cf8-0691e0bf1d0f
NOTE: This information has been taken from the Australian Securities and Investment Commission's website.
Disclaimer: Curated by HT Syndication.