Insolvency Notices

Company

CSDL REALISATIONS 2022 LIMITED

Notice Type
Moratoria, Prohibited Names and Other: Re-use of a Prohibited Name
Publication date
14/09/2022
Edition
The London Gazette
Notice ID
4161502
Notice Code
2403

NOTICE TO THE CREDITORS OF AN INSOLVENT COMPANY REGARDING THE RE-USE OF A PROHIBITED NAME - RULE 22.4 OF THE INSOLVENCY (ENGLAND AND WALES) RULES 2016

CSDL REALISATIONS 2022 LIMITED

03522655

Previous Name of Company: (previously Concept Sign and Display Limited)

Registered office is at C/O INTERPATH LTD, 2nd Floor 45 Church Street, Birmingham, B3 2RT and was at Unit 7 Parkside Industrial Estate, Off Hickman Avenue, Wolverhampton, England, WV1 2EN at administration.

On 18 August 2022 the above-named company entered into administration.

We, Sean David Morrough and David James Neale both of 2nd Floor, 45 Church Street, Birmingham, B3 2RT were directors of the above-named company on the day it entered administration. We give notice that we are or may be acting in all or any of the ways specified in section 216(3) of the Insolvency Act 1986 in connection with, or for the purposes of, the carrying on of the whole or substantially the whole of the business of the above named company under the following name: Concept Signs Limited, whose registered number is 14284881, and whose registered office is 36 Hamilton Terrace, Leamington Spa, Warwickshire, United Kingdom, CV32 4LY.

In the event that the above-named company should go into insolvent liquidation, we would not otherwise be permitted to undertake those activities without leave of the court or the application of an exception created by the Rules made under the Insolvency Act 1986.

A breach of the prohibition created by Section 216 is a criminal offence.

Rule 22.5 - Statement as to the effect of the notice under rule 22.4(2):

Section 216(3) of the Insolvency Act 1986 lists the activities that a director of a company that has gone into insolvent liquidation may not undertake unless the court gives permission or there is an exception in the Insolvency Rules made under the Insolvency Act 1986. (This includes the exceptions in Part 22 of the Insolvency (England and Wales) Rules 2016). These activities are-

(a) acting as a director of another company that is known by a name which is either the same as a name used by the company in insolvent liquidation in the 12 months before it entered liquidation or is so similar as to suggest an association with that company;

(b) directly or indirectly being concerned or taking part in the promotion, formation or management of any such company; or

(c) directly or indirectly being concerned in the carrying on of a business otherwise than through a company under a name of the kind mentioned in (a) above.

This notice is given under rule 22.4 of the Insolvency (England and Wales) Rules 2016 where the business of a company which is in, or may go into, insolvent liquidation is, or is to be, carried on otherwise than by the company in liquidation with the involvement of a director of that company and under the same or a similar name to that of that company.

The purpose of the giving of this notice is to permit the director to act in these circumstances where the company enters (or has entered) insolvent liquidation without the director committing a criminal offence and in the case of the carrying on of the business through another company, being personally liable for that company’s debts.

Notice may be given where the person giving the notice is already the director of a company which proposes to adopt a prohibited name.