Insolvency Notices

Company

1ST CLASS LEGAL (IS) LIMITED

Notice Type
Meetings of Creditors
Publication date
09/05/2017
Edition
The London Gazette
Notice ID
2777161
Notice Code
2412

In the High Court of Justice, Chancery Division

Companies Court Court Number: CR-2017-001657

1ST CLASS LEGAL (IS) LIMITED

(Company Number 05452812)

Registered office: 88 Wood Street, London, EC2V 7QF

Principal trading address: Oak House, Sitka Drive, Shrewsbury Business Park, Shrewsbury, Shropshire, SY2 6LG

Notice is hereby given, pursuant to Rule 15.13 of the Insolvency (England and Wales) Rules 2016, that the Joint Administrators of the above-named Company (the 'conveners') are seeking from creditors by way of a physical meeing.

Decisions being proposed are: That the Joint Administrators' proposals for achieving the objective of the Administration be approved; under Rule 18.18 of the Insolvency Rules 2016 and in the absence of a creditors' committee, that the remuneration of the Joint Administrators be fixed by reference to time properly spent by them and their staff in attending to matters arising from the Administration, as detailed in the Joint Administrators' proposals; that a creditors' committee be formed, if required by creditors; that the Joint Administrators be authorised to draw category 2 disbursements in accordance with their firm's published tariff; that the Joint Administrators be discharged from liability under Paragraph 98(3) of Schedule B1 of the Insolvency Act 1986, immediately upon the appointment of the Joint Administrators ceasing to have effect.

The meeting will be held at The City Suite, Thistle City Barbican, Central Street, Clerkenwell, London, WC1V 8DS on 23 May 2017 at 2.00 pm. As a result of the requirement to hold this physical meeting the original deemed consent procedure is superseded. The Joint Administrators have discretion to permit remote attendance (meaning attending and being able to participate in the meeting without being in the place where it is being held) if such request to do so is received in advance of the meeting.

A creditor may appoint a person as a proxy-holder to act as their representative and to speak, vote, abstain or propose resolutions at the meeting. A proxy for a specific meeting must be delivered to the chair before the meeting. A continuing proxy must be delivered to the Joint Administrators and may be exercised at any meeting which begins after the proxy is delivered. Proxies may be delivered to 88 Wood Street, London, EC2V 7QF.

In order to be counted a creditor's vote must be accompanied by a proof in respect of the creditor's claim (unless it has already been given). A vote will be disregarded if a creditor's proof in respect of their claim is not received by 4.00 pm on the business day before the meeting date (unless the chair of the meeting is content to accept the proof later). A creditor who has opted out from receiving notices may nevertheless vote if the creditor provides a proof of debt in the requisite time frame. Proofs may be delivered to 88 Wood Street, London, EC2V 7QF.

Date of Appointment: 1 March 2017

Office Holder Details: Simon Thomas (IP No. 8920) and Nicholas O'Reilly (IP No. 8309) both of Moorfields Advisory Limited, 88 Wood Street, London, EC2V 7QF

For further details contact: Nicola Elsworth, Email: nelsworth@moorfieldscr.com.

Simon Thomas, Joint Administrator

4 May 2017

Ag IF20252