Second creditors meeting held for Rotary

Liquidators of collapsed Sydney printer Rotary Offset Press (ROP) have called a second creditors meeting to be held later this month. 

ROP ceased trading on March 11 and went into liquidation later that month after reportedly losing a large contract to print giant PMP.

Founded in 1960, ROP was a second-generation owned printer and lithographer, employing a workforce of 50 people and was headed up by managing director Robert John Tarasov who took over from his father, Stan Tarasov.

Liquidators from Cor Cordis Chartered Accountants have scheduled the second creditors meeting to take place at the Cor Cordis offices in Sydney on October 19 at 10am after the first meeting was held on March 29.

Australian Printer contacted Cor Cordis for comment but did not receive a response by deadline.  

According to the ASIC website, the agenda items of the meeting include: ‘Approval of the liquidators remuneration, seeking a resolution from creditors, and any other matters'.

The number of creditors and debts owed by ROP remains unknown.

In March it was understood liquidators were working to ensure owed entitlements to the 50 staff of ROP would be paid out.

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