Insolvency News can report the Company AGQL Pty Ltd Formerly Known as Advanced Group Qld Pty Ltd As Trustee for Advanced Group Qld Trust with ABN: 632 221 900 has received a notice of (NOTICE OF EXTENSION OF PROPOSAL PERIOD). This notice was published on the 25 July 2025.
What this notice means:
Explanation: An extension has been granted for submitting a formal proposal or restructuring plan. This provides additional time for the company to explore recovery options.
Implications: Offers breathing room but may delay creditor repayments.
Details of this notice are as follows:
NOTICE OF EXTENSION OF PROPOSAL PERIOD
Company details
Company: AGQL Pty Ltd Formerly Known as Advanced Group Qld Pty Ltd As Trustee for Advanced Group Qld Trust
Acn: 632 221 900
Status: Restructuring Practitioner Appointed
Declaration:
Notice is given that the proposal period has been extended to 06 August 2025 on application by the Company under paragraph 5.3B.17(2).
Date Of Notice: 25 July 2025
David Michael Stimpson
Restructuring Practitioner
| Address | SV Partners22 Market StreetBRISBANE QLD 4000 |
| Contact person | Stephanie Griffiths |
| Contact number | 07 3310 2000 |
| stephanie.griffiths@svp.com.au |
