Insolvency Notices

Company

DUKINFIELD GC MANAGEMENT COMPANY LIMITED

Notice Type
Meetings of Creditors
Publication date
10/07/2020
Edition
The London Gazette
Notice ID
3591450
Notice Code
2412

In the High Court of Justice

Court Number: CR-2020-000443

DUKINFIELD GC MANAGEMENT COMPANY LIMITED

(Company Number 10306344)

Registered office: The Chancery, 58 Spring Gardens, Manchester, M2 1EW

Principal trading address: N/A

Notice is hereby given that the Joint Administrators of the above-named Company (the convenors) are seeking the below decisions from creditors on 27 July 2020:

Proposed Decision 1: That a Creditors’ Committee will not be established unless requested by the creditors and sufficient creditors are willing to act as members of the Creditor Committee.

Proposed Decision 2: That the Joint Administrators’ remuneration be fixed by reference to the time properly given by them and their staff in attending to matters arising in the Administration.

Proposed Decision 3: That the Joint Administrators’ Fee Estimate in the total sum of £66,965 is approved.

Proposed Decision 4: The Joint Administrators be authorised to draw their company’s internal costs and expenses in dealing with the Administration (“Category 2 Disbursements”), which have been charged in accordance with Duff & Phelps policy.

Proposed Decision 5: That the unpaid pre-Administration costs totalling £3,873, as detailed in the Joint Administrators’ statement of pre-Administration costs, is approved for payment as an expense of the Administration.

Proposed Decision 6: That the Joint Administrators be discharged with all liability pursuant to Paragraph 98 of Schedule B1 to the Insolvency Act 1986, upon filing the end of the Administration or their appointments otherwise ceasing.

Proposed Decision 7: That the Joint Administrators continue the Administration to deal with such outstanding matters in relation to the company as the Joint Administrators consider necessary until the Administration cease to have effect.

Proposed Decision 8: That the Joint Administrators do all such other things and generally exercise all their powers as contained in Schedule 1 of the Act, as they, in their sole and absolute discretion consider desirable or expedient to achieve the purpose of the Administration.

Proposed Decision 9: That the Joint Administrators, once all outstanding matters have been satisfactorily completed, take the necessary steps to give notice under Paragraph 84 of Schedule B1 of the Act to the Registrar of Companies to the effect that the Company has no remaining property which might permit a distribution to its creditors, at which stage the Administration will cease.

Proposed Decision 10: That the Joint Administrators, where they consider that there is a rationale to put the Company into Creditors’ Voluntary Liquidation as they deem appropriate. It is proposed that the Joint Administrators, currently Steven Muncaster and Stephen Clancy of Duff & Phelps would act as Joint Liquidators should the Company be placed into Creditors’ Voluntary Liquidation. In accordance with Paragraph 83(7) of Schedule B1 to the Act and Rule 3.60(6)(b) of the Rules, creditors may nominate a different person as the proposed liquidator, provided the nomination is received at this office prior to the approval of these proposals. In the absence of such nomination, the Joint Administrators will be appointed Joint Liquidators and in accordance with Section 231 of the Act any act required or authorised under any enactment to be done by the Joint Liquidators is to be done by all or any one or more of them.

This follows an objection to an earlier Deemed Consent and voting by correspondence procedure on the same issue. The virtual meeting will be held by via a video conferencing platform at 11.00 am on 27 July 2020. Details of how to access the Virtual Meeting are included in the notice delivered to creditors. Any creditor who has not received this notice may contact the Joint Administrators as detailed below.

This Virtual Meeting will be recorded in order to establish and maintain records of the existence of relevant facts or decisions that are taken at the meeting. By attending this meeting, you consent to being recorded including recordings of your facial image. Where any recording of the meeting also entails the processing of personal data, such personal data shall be treated in accordance with the Data Protection Act 2018.

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 Virtual Meeting. To enable voting, 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: Perry Eleftheriou at Duff & Phelps Ltd., The Chancery, 58 Spring Gardens, Manchester, M2 1EW or by email to: Perry.Eleftheriou@duffandphelps.com

All proofs of debt must be delivered by: 4pm on the business day before the meeting, 24 July 2020. All proxy forms must be delivered by 11.00 am on 27 July 2020.

Unless there are exceptional circumstances, a creditor will not be entitled to vote unless his proof of debt which clearly sets out the name and address of the creditor and the amount claimed, has been lodged and admitted for voting purposes. 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

Date of Appointment: 22 April 2020

Office Holder Details: Steven Muncaster (IP No. 9446) and Stephen Clancy (IP No. 8950) both of Duff & Phelps Ltd., The Chancery, 58 Spring Gardens, Manchester, M2 1EW

Further details contact: Perry Eleftheriou, Email: Perry.Eleftheriou@duffandphelps.com, Tel: 0161 827 9019.

Steven Muncaster, Joint Administrator

8 July 2020

Ag UG40599