Insolvency Notices

Company

BUSINESS DEMAND INTERNATIONAL LTD

Notice Type
Meetings of Creditors
Publication date
25/05/2018
Edition
The London Gazette
Notice ID
3034064
Notice Code
2442

BUSINESS DEMAND INTERNATIONAL LTD

(Company Number 07932738)

Registered office: 121 Livery Street, Birmingham, B3 1RS

Principal trading address: 681B Warwick Road, Solihull, B91 3DA

NOTICE IS GIVEN by the Board of Directors to the creditors of Business Demand International Ltd that a virtual meeting of creditors has been summoned under section 100 of The Insolvency Act 1986, for the purpose of seeking resolutions on the following:

The appointment of a Liquidator, of the Company.

In the event that a Liquidation Committee is not appointed, that the fees and disbursements of CBA Business Solutions Ltd in respect of assisting the Board of Directors in preparing a Statement of Affairs and convening the virtual meeting amounting to ÂŁ2,500 plus disbursements plus VAT be paid from realisations as an expense of the liquidation.

5. That the Liquidator's fees be approved on a combination of a fixed fee and % basis for different categories of work, the details of which are set out in the report prepared in connection with fee approval and issued with the notice of the meeting.

6. That the Liquidator be permitted to recover category 2 disbursements.

Creditors should note that:

Members will consider the winding up resolution on 5 June 2018.

The meeting will be held as follows:

Date 5 June 2018, The Decision Date.

Time 11.15 a.m.

Access to the virtual meeting can be gained from 11.15 a.m. on 5 June 2018 by dialing 0844 4737373 and inserting the following access code when prompted 440573.

Creditors entitled to attend and vote at the meeting may do so personally or by proxy. A creditor can attend the virtual meeting and vote, and are entitled to vote if they have submitted proof of their debt by no later than 4 p.m. on the business day before the meeting. Failure to do so may lead to their vote(s) being disregarded.

Any creditor unable to attend in person, but wishing to vote at the meeting can either nominate a person to attend on their behalf, or nominate the Chair of the meeting to vote on their behalf. Creditors must have delivered their proxy in advance of the meeting.

All proofs of debt and proxies must be delivered to CBA Business Solutions Ltd, 126 New Walk, Leicester, LE1 7JA.

Creditors with small debts, that is claims of ÂŁ1,000 or less, must have lodged proof of their debt for their vote to be valid.

Creditors may, at any time prior to 5 June 2018, the Decision Date, request that a physical meeting of creditors be held to determine the outcome of the resolutions. Any request for a physical meeting must be delivered to CBA Business Solutions Ltd, 126 New Walk, Leicester, LE1 7JA and be accompanied by valid proof of their debt (if not already lodged).

A meeting will be convened if creditors requesting a meeting represent a minimum of 10% in value or 10% in number of creditors or simply 10 creditors, where "creditors" means "all creditors."

Creditors have the right to appeal the decision made by the resolution(s) by applying to court under Rule 15.35 of the Insolvency Act within 21 days of 5 June 2018, the Decision Date.

The Chair of the meeting may adjourn or suspend the meeting if necessary, and must do so if so resolved by creditors.

Any creditors excluded from the meeting, may complain to the chair during the meeting, or the convener of the meeting by no later than 4 p.m. the business day following the exclusion, in accordance with rule 15.38.

Neil Charles Money (IP No. 8900) of CBA Business Solutions Ltd, is qualified to act as an Insolvency Practitioner in relation to the Company and will, during the period before the day of the meeting, furnish creditors free of charge with such information concerning the Company's affairs as they may reasonably require. Creditors can contact Katie Kent on 0116 262 6804 or by email at kkent@cbainsolvency.co.uk.

Creditors are informed that the Board of Business Demand International Limited have nominated Neil Charles Money of CBA Business Solutions, 126 New Walk, Leicester, LE1 7JA to act as Liquidator of the Company.

DATED THIS 23 May 2018

BY ORDER OF THE BOARD

Baljeet Singh , Director