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Maybe a life line in progress!!!!!, page-34

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Husky194

207 Posts.

9

01/02/17

20:34

Post #: 22300235
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Originally posted by doodledog ↑

Exerpt from the announce on 13/1/17.

We wish to advise that on 12 January 2017, with the approval of the Committee of Creditors,
the Administrators have sought and obtained further orders from Master Strk in the Supreme
Court of Western Australia for a further extension of the convening period with respect to the
Company from 16 January 2017 to 27 January 2017, pursuant to section 439A(6) of the
Corporations Act 2001 (Cth.) ("the Third Orders").
The effect of the Third Orders is that the convening period for the second meeting of creditors
of KBL ("the Second Meeting") is extended up to and including Friday 27 January 2017,
and that the meeting may be held at any time during the convening period and the
period of five business days thereafter.

I am no lawyer but seems the final decision has to be made by Friday the 3rd Feb.
Getting closer to knowing an outcome now. GLTA

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Hi Dood
I'm no expert either, but does that mean the meeting has to be held by tomoz, but when will the Ann be announced? Anyone?

KBL Price at posting: 0.1¢ Sentiment: None Disclosure: Held
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