Notice is given that a meeting of the creditors of the Company, or a meeting for each of the Companies, (for multiple companies), will be held:
(If multiple companies, see special instructions for meeting times)
Agenda items are:
1. To consider a report from the Liquidators of the Company.2. To consider a resolution that the remuneration of the Liquidators of Foley & Bear Pty Ltd (In Liquidation) for the period from 21 June 2017 to 19 April 2018 be determined at a sum equal to the cost of time spent by the Liquidators and their partners and staff of Cor Cordis, calculated at the hourly rates set out in the schedule of Cor Cordis Standard Rates effective 1 July 2017, and is increased for payment from $75,000 plus GST to $124,147 plus GST, and that the Liquidators can draw the remuneration immediately or as required.3. To consider a resolution that the future remuneration of the Liquidators of Foley & Bear Pty Ltd (In Liquidation) for the period from 20 April 2018 to the end of the liquidation be determined and approved for payment at a sum equal to the cost of time spent by the Liquidators and their partners and staff of Cor Cordis, calculated at the hourly rates set out in the schedule of Cor Cordis Standard Rates effective 1 July 2017, up to a capped amount of $25,000 plus GST, and that the Liquidators can draw the remuneration on a monthly basis or as required.4. To consider a resolution that the internal disbursements of the Liquidators of Foley & Bear Pty Ltd (In Liquidation) and their firm for the period from 21 June 2017 to 22 April 2018 be calculated as per the method and rates set out in the remuneration approval report dated 26 April 2018 and approved for payment in the amount of $579.95 plus GST and that payment can be made immediately.5. To consider a resolution that the internal disbursements of the Liquidators of Foley & Bear Pty Ltd (In Liquidation) and their firm for the period from 22 April 2018 to the end of the liquidation be calculated as per the method and rates set out in the remuneration approval report dated 26 April 2018 and approved for payment up to a capped amount of $2,000 plus GST and that payment of internal disbursements incurred can be made on a monthly basis or as required.6. To consider a resolution that the liquidators be authorised to destroy the books and records of the Company six months after deregistration of the Company, subject to obtaining prior approval of the Australian Securities and Investments Commission. 7. Any other business that may lawfully arise.
Creditors wishing to attend are advised proofs and proxies are to be submitted to the external administrator by:
Creditors wishing to attend by electronic means are advised they can use the following facility:
Creditors wishing to participate in the meeting by using electronic facilities must return to the external administrator not later than the second-last business day before the day of the meeting, a written statement setting out
Barry WightLiquidator
Sam KasoJoint Appointees