Insolvency Notices

Company

CB MARINE LIMITED

Notice Type
Meetings of Creditors
Publication date
14/05/2019
Edition
The London Gazette
Notice ID
3277038
Notice Code
2442

CB MARINE LIMITED

(Company Number 06831599)

Registered office: Baltic Exchange, 38 St. Mary Axe, London, EC3A 8BH

Principal trading address: Baltic Exchange, 38 St. Mary Axe, London, EC3A 8BH

This Notice is given under Rule 6.14 and 15.8 of the Insolvency (England and Wales) Rules 2016 ("the Rules") . Creditors are invited to attend a virtual meeting by Stephen Hutty, the director of the Company, for the purpose of considering the following (for the full wording of proposed decisions, see the proxy form): 1. That Peter Kubik and Myles Jacobson of UHY Hacker Young LLP, Quadrant House, 4 Thomas More Square, London, E1W 1YW, be and are hereby appointed Joint Liquidators of the Company for the purposes of the winding up. 2. The establishing of a Liquidation Committee, if sufficient creditors are willing to be members of a Committee. 3. The approval of the fee for preparing the Statement of Affairs and calling the relevant meeting to place the Company into Liquidation. 4. The basis of the Joint Liquidators' fees. 5. The approval of the Joint Liquidators' category 2 disbursements. A resolution to wind up the Company is to be considered by shareholders on 20 May 2019.

The proposed Joint Liquidators who are qualified to act as Insolvency Practitioners are: Peter Kubik and Myles Jacobson (IP Nos. 9220 and 11590) of UHY Hacker Young LLP, Quadrant House, 4 Thomas More Square, London, E1W 1YW.

The proposed Joint Liquidators will provide creditors, one business day prior to the decision date, a Statement of Affairs of the Company in the prescribed form together with a list of creditors and a report providing creditors with information concerning the affairs of the Company. The virtual meeting will be held on 20 May 2019 at 3.15 pm. Access to the virtual meeting will be provided by those creditors who have notified us that they wish to attend no later than one business day prior to the meeting. The virtual meeting may be suspended or adjourned by the chair of the meeting (and must be adjourned if it so resolved at the meeting).

Also provided is a proxy form to enable creditors to appoint a proxy-holder to attend on their behalf (note: any creditor who is not an individual must appoint a proxy-holder, if they wish to attend or be represented at the meeting). All proxy forms, together with a proof of debt if one has not already been submitted, must be completed and returned by one of the methods set out below: By post to: The offices of UHY Hacker Young LLP, Quadrant House, 4 Thomas More Square, London, E1W 1YW. By fax to: 020 7767 2601. By email to: v.horncastle@uhy-uk.com. Please note that, if you are sending forms to be delivered by post, you must ensure that you have allowed sufficient time for the forms to be delivered to the address above by the times set out below. An email is treated as delivered at 9am on the next business day after it was sent.

All proofs of debt must be delivered by: 4pm on 17 May 2019. All proxy forms must be delivered to the convener or chair before they may be used at the meeting fixed for 20 May 2019 at 3.15 pm.

If your proof of debt has not been received by the time specified above (whether submitted previously or as a result of this Notice), that creditor's vote will be disregarded. Any creditor whose debt is treated as a small debt in accordance with Rule 14.31(1) of the Rules must still deliver a proof if the creditor wishes to vote. A creditor who has opted out from receiving notices may nevertheless vote if the creditor also provides a proof by the time set out above. Creditors who meet one or more of the statutory thresholds listed below may up until the date of the virtual meeting require a physical meeting to be held to consider the matters detailed above. Statutory thresholds to request a meeting: 10% in value of the creditors; 10% in number of the creditors; 10 creditors. If the Threshold is met, the decision procedure will terminate without a virtual meeting being held and a physical meeting shall be convened.

Creditors who have taken all steps necessary to attend the virtual meeting under the arrangements made by the convener, but that do not enable them to attend the whole or part of the meeting, may complain under Rule 15.38 of the Rules. A complaint must be made as soon as reasonably practicable and in any event no later than 4pm on the business day following the day on which the person was, or appeared to be, excluded; or where an indication is sought under Rule 15.37, the day in which the complainant received the indication.

A creditor may appeal a decision by application to the court in accordance with Rule 15.35 of the Rules. Any such appeal must be made not later than 21 days after the Decision Date.

Further details contact: Vicki Horncastle, Email: v.horncastle@uhy-uk.com, Tel: 020 7216 4629.

Stephen Hutty, Director/Convener

10 May 2019

Ag GG20660