Createch Industries Pty Ltd – Notice Of Second Meeting Of Creditors Of Company Under Administration – 10 July 2025

Insolvency News can report the Company Createch Industries Pty Ltd with ABN: 615 589 761 has received a notice of (NOTICE OF SECOND MEETING OF CREDITORS OF COMPANY UNDER ADMINISTRATION). This notice was published on the 10 July 2025.

What this notice means:

Explanation: A follow-up meeting where creditors consider the administrator’s proposed actions and recommendation for the company, including restructuring or liquidation and vote on the Deed Of Company Arrangement (“DOCA”) proposal and the future outcome of the company.

Implications: The outcome of this meeting significantly affects the company’s future and the recovery prospects for creditors.

Details of this notice are as follows:

NOTICE OF SECOND MEETING OF CREDITORS OF COMPANY UNDER ADMINISTRATION

Company details

Meeting details

Agenda

The purpose of the meeting(s) is:

Other agenda items are:

1.To consider the approval of the Joint and Several Administrators remuneration;
2. To consider the approval of the Joint and Several Administrators annual administration charge;
3. For creditors to resolve that:
(a) A Deed of Company Arrangement be executed by Createch Industries Pty Ltd; or
(b) The Administration of Createch Industries Pty Ltd should end; or
(c) That Createch Industries Pty Ltd be wound up.

IN THE EVENT CREDITORS VOTE IN FAVOUR OF THE EXECUTION OF THE DEED
4. To consider the nomination of a person(s) to be Deed Administrator(s);
5. To consider approval of the Deed Administrator(s) remuneration;

IN THE EVENT CREATECH INDUSTRIES PTY LTD IS WOUND UP
6. To consider the nomination of a person(s) to be Liquidator(s);
7. To consider approval of the Liquidator(s) remuneration;
8. To consider the appointment and constitution of a committee of inspection;
9. To authorise the Liquidator(s) to be able to destroy the books and records of the Company within a period of six (6) months after the dissolution of the Company, subject to obtaining prior approval from the Australian Securities & Investments Commission (ASIC); and
10. Any other business.

Proof of debt and proxies

Special instructions

Persons entitled to attend the meeting have been given sufficient information on how to obtain relevant information to attend the meeting virtually.

In this regard, any creditor wishing to attend the meeting virtually must contact this office by no later than 4:00PM (AEST) on 17 July 2025.

Creditors should note that any costs incurred in attending the meeting virtually are their own to bear and these costs are not able to be reimbursed from the assets of the Company.