Pleasure Point Mine Pty Ltd (Receivers And Managers Appointed) Administrator Appointed) – Notice Of Second Meeting Of Creditors Of Company Under Administration – 28 July 2025

Insolvency News can report the Company Pleasure Point Mine Pty Ltd (Receivers and Managers Appointed) Administrator Appointed) with ABN: 636 910 935 has received a notice of (NOTICE OF SECOND MEETING OF CREDITORS OF COMPANY UNDER ADMINISTRATION). This notice was published on the 28 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 determine the remuneration of the Administrator(s)
2. to determine the future remuneration of the Administrator(s)
3. to fix or determine the internal disbursements of the Administrator (s)
4. to determine the deed Administrator(s) and or Liquidator(s) future remuneration if appointed
5. to fix or determine the internal disbursements of the deed Administrator(s) and or Liquidator(s) if appointed
6. to consider the appointment of an alternative deed Administrator(s) or Liquidator(s)
7. if the Company is wound up, to consider the appointment of a committee of inspection and, if so, who are to be the committee members
8. if the Company is wound up to consider the early destruction of books and records
9. any other business

Proof of debt and proxies

Special instructions

Virtual meeting facilities will be made available at the meeting via Microsoft Teams. If you or the person you have appointed is intending on accessing the meeting virtually, the meeting can be accessed by requesting meeting login details from Nisha Patel of my office at nisha.patel@worrells.net.au.

If you are attending in person, forms should be completed and returned by no later than 5.00pm the day prior to the meeting.