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COMLEK GROUP

Voluntary adminsitration

SUMMARY
Active
LAST UPDATED  21.01.24

 

Date of Appointment 

05/12/2022

 

Appointees 

Andrew McCabe and Joseph Hayes

 

Administration Type 

Deed of Company Arrangement

 

ACN 

Various

 

Contact 

Wexted Advisors

 

(02) 9210 1700

 

[email protected]

 

 

 

On 5 December 2022 Wexted were appointed Administrators.  On 9 February 2023 a DOCA was executed and $2.3M DOCA Contribution received.  

 

On 17 March 2023, the Queensland Revenue Office made an application to court to set aside the DOCA.  

 

On 5 September 2023, the Deed Administrators obtained orders that they are justified and otherwise acting reasonable in not distributing the Deed Fund to creditors until the outcome of the QRO Proceedings has been handed down.

 

The QRO Proceedings were held between 22 April 2024 and 3 May 2024.  On 21 June 2024, the Court Ordered that the QRO Proceedings to set aside the DOCA be dismissed.  Parties have until 26 July 2024 to appeal the Courts decision.  Absent any appeal, the Deed Administrators propose to obtain costs and make a first and final distribution to creditors from around the week commencing 29 July 2024.