INSOLVENCY NOTICE: TRELEASE ASSOCIATES PROPERTY MANAGEMENT ISSUES 'NOTICE OF SECOND MEETING OF CREDITORS OF UNDER ADMINISTRATION'

Australia, July 1 -- Trelease Associates Property Management Pty. Ltd. (ACN: 637 835 477) has issued an insolvency 'notice of second meeting of creditors of company under administration.'

Status: Administrator Appointed

Appointment Date: May 30

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: JLA Insolvency & Advisory

Suite 1B, Level 13

50 Margaret Street

Sydney NSW 2000

Meeting date: 04 July 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

- 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

If the Company is placed into Liquidation, to consider, and if thought fit, provide/contribute funds for investigations into the Companys affairs.

To consider and approve that the Administrator / Deed Administrator and/or Liquidator be authorised to enter into an agreement pursuant to Section --(-) of the Corporations Act, including but not limited to:

- Legal Advice;

- Taxation or Other Advices (as appropriate);

- Australian Securities and Investments Commission (ASIC) Assetless Administration Funding (AA Funding);

- Fair Entitlements Guarantee (FEG) (formerly known as General Employee Entitlements and Redundancy Scheme (GEERS));

- Litigation and/or creditors funding and that the remuneration provided under any funding agreement of the Administrator, Deed Administrator and/or Liquidator, his partners and/or staff, to be fixed on a time basis at the rates of Jamieson Louttit & Associates from time to time with such annual increases (if any) no greater than ten percent (-%), beyond which further approval may be sought from creditors, and/or as subsequently agreed."

The detailed information can be found at: https://publishednotices.asic.gov.au/browsesearch-notices/notice-details/Trelease-Associates-Property-Management-Pty-Limited-637835477/d9d8444a-1ad4-4d46-8e0b-8bd7b3a75376

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

Disclaimer: Curated by HT Syndication.