Insolvency Notices


Notice Type
Notice of Intended Dividends
Publication date
02/09/2019
Edition
The London Gazette
Notice ID
3376597
Notice Code
2406

In the High Court of Justice

Companies Court Court Number: CR-2016-008071

INITIAL DEVELOPMENTS (PROPERTIES) LIMITED

03620998

Registered office: C/O Moorfields Advisory Limited, 88 Wood Street, London, EC2V 7QF

Principal trading address: Kilerby House, Durham Chare, Newgate Street, Bishop Auckland, County Durham DL14 7HS

Notice is hereby given, pursuant to Rule 14.28 of the Insolvency (England and Wales) Rules 2016, that the Joint Administrators intend to declare a dividend to the unsecured creditors of the Company, by way of the Prescribed Part, within the period of two months from the last date for proving specified below.

Creditors who have not yet done so must prove their debts by delivering their proofs (in the format specified in Rule 14.4) to the Joint Administrators at Moorfields Advisory Limited, 88 Wood Street, London, EC2V 7QF by no later than 27 September 2019 (the last date for proving).

Creditors who have not proved their debt by the last date for proving may be excluded from the benefit of this dividend or any other dividend declared before their debt is proved.

In accordance with the provisions of Part 14 of the Insolvency (England and Wales) Rules 2016, a creditor whose debt is a 'small debt' not exceeding ÂŁ1,000 is deemed to have proved for the purposes of determination and payment of this dividend and is not required to prove their debt as described by this notice unless advised otherwise by the Joint Administrators.

Date of Appointment: 6 December 2016

Office Holder Details: Arron Kendall (IP No. 16050) and Simon Thomas (IP No. 8920) both of Moorfields Advisory Limited, 88 Wood Street, London, EC2V 7QF

Further details contact: The Joint Administrators, Email: Liz.burt@moorfieldscr.com. Alternative contact: Liz Burt.

Arron Kendall, Joint Administrator

28 August 2019

Ag JG51903