Insolvency News can report the Company Pak Draining Services Pty Ltd with ABN: 113 570 942 has received a notice of (NOTICE OF EXTENSION OF PROPOSAL PERIOD). This notice was published on the 23 June 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: Pak Draining Services Pty Ltd
Acn: 113 570 942
Status: Restructuring Practitioner Appointed
Declaration:
Notice is given that the proposal period has been extended to 08 July 2025 on application by the Company under paragraph 5.3B.17(2).
Date Of Notice: 23 June 2025
Graeme Robert Beattie
Restructuring Practitioner
| Address | C/- WorrellsSuite 403, Level 4, 33 Argyle StreetParramatta NSW 2150 |
| Contact person | Riley Norman |
| Contact number | (02) 8844 1216 |
| riley.norman@worrells.net.au |
