Information for creditors and shareholders of Power Club Limited (Administrators Appointed)
Power Club Limited
Details
Appointment Details
Appointment Type
Voluntary Administration
Appointment Date
19 July 2022
Appointees
Andrew MacNeill and Justin Howlett
Office
Melbourne
SMB Advisory Contact
Background Information
On 19 July 2022, Andrew MacNeill and Justin Howlett were appointed as Joint and Several Voluntary Administrators of Power Club Limited in its own right, and as Trustee for the Power Club Powerbank Trust.
At the first meeting of creditors held on 29 July 2022, the appointment of the Administrators was ratified and a Committee of Inspection (COI) was not appointed.
A second meeting of creditors is scheduled to be held on 23 August 2022 at which creditors will decide on the future of the Company.
A formal notice of meeting together with a detailed report on the Administrators’ investigations will be provided to creditors by 16 August 2022. A copy of same will also become available on this webpage.
Creditors and member communication
Information and circulars.
Form 505 - Notification of appointment or cessation of an external administrator
Initial Information for Creditors
Voluntary Administrators’ Report and Notice of Second Meeting of Creditors