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. That the remuneration of the Liquidators of Westcoastold Pty Ltd (In Liquidation) and their firm for the period from 28 June 2017 to 30 June 2017 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 2016, and is approved for payment in the amount of $2,919.00 plus GST, and that the Liquidators can draw the remuneration immediately or as required.2. That the remuneration of the Liquidators of Westcoastold Pty Ltd (In Liquidation) and their firm for the period from 1 July 2017 to the 30 September 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 approved for payment in the amount of $9,860.50 plus GST, and that the Liquidators can draw the remuneration immediately or as required.3. That the remuneration of the Liquidators of Westcoastold Pty Ltd (In Liquidation) and their firm for the period from 1 October 2018 to the finalisation of the liquidation 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 approved for payment in the amount of $22,000.00 plus GST, and that the Liquidators can draw the remuneration immediately or as required.4. That the internal disbursements of the Liquidators of Westcoastold Pty Ltd (In Liquidation) and their firm for the period from 28 June 2017 to the finalisation of the Liquidation be calculated as per the method and rates set out in the remuneration approval report dated 31 October 2018 and approved for payment up to a capped amount of $2,000.00 plus GST and that payment of internal disbursements incurred can be made on a monthly basis or as required.5. That the Liquidators be authorised to compromise any debt owing to the Company at their discretion and not otherwise be subject to the limitations under section 477(2A) of the Corporations Act 2001.6. That the Liquidators be authorised to enter into an agreement lasting longer than three months at their discretion and not otherwise be subject to the limitations under section 477(2B) of the Corporations Act 2001.7. 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.8. Any other business that may lawfully arise ? as the proxy holder decides.
Creditors wishing to attend are advised proofs and proxies are to be submitted to the external administrator by:
Jeremy Joseph NippsLiquidator
Barry WightJoint Appointees