Public Notice of Appointment of Liquidator
Pursuant to Section 255 (2) (a) of the Companies Act 1993
On the 31st day of October 2003, it was resolved by special resolution of shareholders, pursuant to section 241 (2) (a) of the Companies Act 1993, that Trans-pac Express Limited be liquidated and that Jugdis Hira Parbhu, chartered accountant of Ross Melville PKF, be appointed liquidator for the purpose.
The liquidation commenced on the 31st day of October 2003.
Creditors and shareholders may direct inquiries to me during normal business hours at the address and contact numbers stated below.
Liquidator's Section 245 Notice to Creditors
To all known creditors:
Notice is hereby given by the liquidator, pursuant to section 245 (1) (b) of the Companies Act 1993, that:
1. The liquidator does not consider that a meeting of creditors should be called for the purpose specified in section 243 (1) [(a)] [(b)] of the Companies Act 1993.
2. The reason why the liquidator so decided is that the liquidator is satisfied that the value of the assets of the company available for distribution to unsecured creditors, not being creditors entitled to be paid in the order of priority set out in Schedule 7 of the Act, is not likely to exceed 20 cents in every dollar owed to such creditors.
3. No such meeting will therefore be called unless a creditor gives notice in writing to the liquidator, within 10 working days after receiving this notice, requiring a meeting to be called.
Dated this 7th day of November 2003.
JUGDIS HIRA PARBHU, Liquidator.
Address for Service: 2B William Pickering Drive, North Harbour, Auckland. Telephone: (09) 414 1200. Facsimile: (09) 414 1920.