Notice Type
Appointment/Release of Administrators
Notice Title

ADVANCED BUILDING & CONSTRUCTION LIMITED (trading as ADBUILD) (administrators appointed)

Notice of Appointment of Administrators and
Notice of First Meeting of Creditors

Pursuant to Sections 239ADW and 239AO of the Companies Act 1993 (as amended)

Company Number: 6473113

We, Iain Bruce Shephard and Jessica Jane Kellow, Licensed Insolvency Practitioners of BDO Wellington (registration numbers: IP71 and IP75, respectively) were appointed joint administrators of the above-named company by GAMOS Services Limited (as a secured party) pursuant to section 239K of the Companies Act 1993 on 31 March 2021 at 8.30am.

Notice to Secured Creditors

Pursuant to Section 239ABL of the Companies Act 1993(as amended)

Notice is hereby given that any creditor who has valid security over the whole, or substantially the whole of the property of the company in administration has ten working days from the date of administration to enforce its security, failing which it will lose its opportunity to do so, without specific leave of the administrators or of the Court.

Notice to Creditors

All creditors should forward details of any claim they may have against the company, including details of any claims made against the assets of the company pursuant to reservation of title or otherwise, to the administrators at the address denoted below.

Notice of First Meeting of Creditors

Notice is now given that a meeting of the creditors of the company will be held at the following location on Wednesday 14 April 2021 at 2.00pm: BDO Wellington Limited, Level 1, Chartered Accountants House, 50 Customhouse Quay, Wellington.

The purpose of the meeting is to determine:

  1. whether to appoint a committee of creditors; and
  2. if so, who are to be the committee’s members.

At the meeting, creditors may also by resolution:

  1. remove the administrator from office; and
  2. appoint someone else as administrator of the company.

Creditors and Shareholders May Direct Enquiries During Normal Business Hours to: BDO Wellington Limited, Business Recovery and Insolvency, PO Box 10340, The Terrace, Wellington 6143. Telephone: (04) 555 0728. Email: brad.burness@bdo.co.nz.

Dated this 31st day of March 2021.

JESSICA JANE KELLOW, Administrator.