Insolvency Notices

Company

CHASE MOTORCYCLES LIMITED

Notice Type
Other Corporate Insolvency Notices
Publication date
21/10/2021
Edition
The London Gazette
Notice ID
3911504
Notice Code
2408

CHASE MOTORCYCLES LIMITED

10031824

Registered office: Rendle & Co, 9 Hockley Court, Solihull B94 6NW

Principal trading address: Former Trading Address: Unit 7 Day Street, Walsall WS2 8EJ

NOTICE OF DECISION BY CORRESPONDENCE

APPROVAL OF LIQUIDATOR'S FEES AND EXPENSES

NOTICE IS HEREBY GIVEN pursuant to Rules 18.19, 15.3 and 15.13 of the Insolvency (England and Wales) Rules 2016 (as amended) and the Insolvency Act 1986 (as amended) that the Liquidator of the above named entity is seeking decisions from creditors by correspondence as detailed below.

Decisions being sought are:

1. For the appointment of a Committee if the creditors so wish and sufficient nominations for membership of the Committee are received.

2. Rendle & Co should be remunerated in the sum of ÂŁ4,000 plus expenses in respect of their costs for their work up to the date of liquidation as authorised by the directors and members.

3. In the event that a committee is not appointed the Office Holder's fees be fixed on a time cost basis as set out in the Fees Pack and paid periodically as funds permit.

4. The Office Holder be authorised to draw 'Category 2' expenses, periodically on account at his firm's standard rate as amended from time to time and for the amounts so drawn to be notified to creditors periodically as required.

The final date for votes is:

Date: 29 October 2021 - "Decision Date"

In order to be entitled to vote, a creditor, including those whose debts are less than ÂŁ1,000, must lodge a statement of claim in writing on or before the Decision Date, failing which the vote will be disregarded. Secured creditors (unless they surrender their security) must also give particulars of their security, the date on which it was granted and its estimated value if they wish to vote.

Creditors who have opted out of receiving information may vote by submitting a claim form in writing and a voting form on or before the Decision Date.

All claims and voting forms must be delivered to Rendle & Co, No 9 Hockley Court, Hockley Heath, Solihull B94 6NW on or before the Decision Date.

Creditors may require a physical meeting to be convened to consider these Decisions provided that the request is made before the Decision Date and within 5 business days of the deemed delivery of this notice by delivering an authenticated and dated Notice of the objection to the Convener c/o Rendle & Co at the address provided below.

The threshold for a request to the use of this procedure and for the convening of a physical meeting is 10% of creditors by value, or 10% by number or 10 creditors. Creditors means all creditors.

If sufficient requests for a physical meeting are received the decision procedure will not be held and no decisions taken. The Convener will then write to creditors to give Notice of a physical meeting to enable creditors to consider these decisions.

Creditors also have the right to appeal the decisions made by the resolutions by applying to Court under Rule 15.35 of the Rules within 21 days of the Decision Date.

Contact details: Richard Paul Rendle (IP No 5766) who was appointed as Liquidator on 27 September 2021. You may also contact Joe Bentley (joe.bentley@rprendle.com) at Rendle & Co, No 9 Hockley Court, Hockley Heath, Solihull B94 6NW or email info@rprendle.com. Tel number 01564 783777.

Dated: 14 October 2021

R P Rendle Liquidator