Insolvency Practice Rules (Corporations) 2016
Section 75-225
NOTICE OF SECOND MEETING OF CREDITORS OF ASSOCIATION UNDER ADMINISTRATION
MOUNT LOFTY GOLF CLUB INCORPORATED
(ADMINISTRATORS APPOINTED)
A.B.N. 23 082 795 423
FORMERLY TRADING AS THE STIRLING GOLF CLUB
Notice is hereby given that a second meeting of the creditors of the Association will be held at Clifton Hall, Level 3, 431 King William Street, Adelaide, South Australia on Tuesday, 3 September 2024 at 11:00 AM (ACST).
AGENDA
1. To consider the Administrators’ report about the Association’s business, property, affairs and financial circumstances.
2. To receive the Administrators’ opinion as to whether it is in the best interests of creditors for:
(i) the Association to execute a Deed of Arrangement (‘DOA’);
(ii) the Administration to end; or
(iii) the Association to be wound up.
3. To receive any other information known to the Administrators to enable the creditors to make an informed decision about the matters referred to above.
4. To receive details of any transactions that appear to the Administrators to be voidable transactions in respect of which money, property, or other benefits that may be recoverable by a liquidator.
5. To receive details of any proposed DOA.
6. For creditors of the Association to consider and resolve whether:
(i) the Association should execute a DOA;
(ii) the Administration should end; or
(iii) the Association should be wound up.
7. To determine the Administrators’ remuneration.
8. To determine the Administrators’ internal disbursements.
9. If the Association is wound up, to determine the Liquidators’ remuneration.
10. If the Association is wound up, to determine the Liquidators’ internal disbursements.
11. To consider the appointment of a Committee of Inspection and, if so, who are to be the committee members.
12. Any other business.
A person is not entitled to vote at a creditors’ meeting unless they are a creditor of the Association, have lodged a proof of debt form with the Administrators and the Chairperson presiding over the meeting has admitted their claim for voting purposes.
To be eligible to vote at the meeting, proofs of debt and proxy forms must be lodged with the Administrators by no later than 4:00 PM (ACST) on Monday, 2 September 2024.
Dated this 26th day of August 2024
Anna Agostino and Simon Miller
Joint and Several Administrators
Adelaide 5000
