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:
(If multiple companies, see special instructions for meeting times)
The purpose of the meeting(s) is:
Other agenda items are:
1. To determine the past and future remuneration of the administrators. The following resolutions are proposed:(a) That the remuneration of the administrators of MJC Fire Protection Pty Ltd (Administrators Appointed) for the period from 7 September 2017 to 1 October 2017 be determined at a sum equal to the cost of time spent by the administrators 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 approved for payment in the amount of $46,918 plus GST, and that the administrators can draw the remuneration immediately or as required.(b) That the future remuneration of the administrators of MJC Fire Protection Pty Ltd (Administrators Appointed) for the period from 2 October 2017 to 13 October 2017 be determined and approved for payment at a sum equal to the cost of time spent by the administrators 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 $15,000 plus GST, and that the administrators can draw the remuneration on a monthly basis or as required.2. To consider a resolution that the internal disbursements of the administrators of MJC Fire Protection Pty Ltd (Administrators Appointed) and their firm for the period of the administration be calculated as per the method and rates set out in the remuneration approval report dated 6 October 2017 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.3. To appoint someone else as liquidator(s) (as applicable). 4. If the Company is wound up, to consider the following resolutions:a) That the future remuneration of the liquidators of MJC Fire Protection Pty Ltd (Administrators Appointed) for the period from 13 October 2017 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 $45,000 plus GST, and that the liquidators can draw the remuneration on a monthly basis or as required.b) That the internal disbursements of the liquidators of MJC Fire Protection Pty Ltd (Administrators Appointed) and their firm for the period of the liquidation be calculated as per the method and rates set out in the remuneration approval report dated 6 October 2017 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.c) 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.5. To consider appointing a committee of inspection and, if so, who are to be the committee's members.6. Any other business that may lawfully arise.
Creditors wishing to attend are advised proofs and proxies are to be submitted to the Administrator by:
Creditors wishing to attend by electronic means are advised they can utilise 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
i. the name of the person and of the proxy or attorney, (if any); and ii. an address to which notices to the person, proxy or attorney may be sent; and iii. a method by which the person, proxy or attorney may be contacted for the purposes of the meeting.
Sam KasoAdministrator
Daniel P JuratowitchJoint Appointees