Notice of Watershed Meeting
Pursuant to Sections 239AT and 239AU(1)(a) of the Companies Act 1993 (“Act”)
Company Number: 1360362
Andrew Bethell and Andrew McKay, both Chartered Accountants and RITANZ Accredited Insolvency Practitioners of BDO Auckland, were appointed joint and several administrators of the company on 20 December 2019.
Notice is hereby given that the watershed meeting of the creditors of the company, to decide the future of the company, will be held on Friday 30 October 2020 at 11.00am at The Magdalinos Room, Havelock North Function Centre, 30 Te Mata Road, Havelock North, Hawke’s Bay 4130.
- To consider the administrators’ report and opinion about the company’s business, property, affairs and financial circumstances.
- For the creditors of the company to consider and vote on whether the company should be placed into liquidation or whether the administration should end for the company.
- Any other business that may lawfully be brought forward.
A Deed of Company Arrangement (DOCA) has not been submitted to or proposed by the administrators and unless a DOCA is proposed at the watershed meeting, this option does not need to be voted on. In the event a DOCA is proposed at the watershed meeting, creditors will need to be present or have a proxy in attendance to vote on a resolution related to such a DOCA.
Accordingly the resolutions to be voted on by the creditors of the company are as follows:
Resolution 1 It is resolved that the company be placed into liquidation.
Resolution 2 It is resolved that the administration end and control of the company be returned to its director.
Creditors may exercise their right to vote by being present in person, or by appointing a proxy or by postal vote. Postal votes and proxies must be received no later than 5.00pm on 27 October 2020. Halen Botha, BDO Auckland, PO Box 2219, Auckland 1140, is authorised to receive and count postal votes in relation to the watershed meeting of the company.
Dated this 21st day of October 2020.
ANDREW McKAY, Administrator.
All Creditors’ and Shareholders’ Enquiries May Be Directed to: BDO Auckland, Level 4 BDO Centre, 4 Graham Street, Auckland 1010. Postal Address: PO Box 2219, Auckland 1140. Or by email to: email@example.com.