Insolvency Notices

Company

INSULATION TECHNIQUES & SERVICES LIMITED

Notice Type
Qualifying Decision Procedure
Publication date
18/05/2020
Edition
The London Gazette
Notice ID
3564666
Notice Code
2409

In the High Court Birmingham the Business and Property Courts

No 2019-BHM-000055 of 2019

INSULATION TECHNIQUES & SERVICES LIMITED

Company Number: (01934138)

Principal trading address: Former principal trading address: Unit 9 Enterprise Trading Estate, Pedmore Road, Brierley Hill, West Midlands DY5 1TX

Registered office: No 9 Hockley Court, Hockley Heath, Solihull B94 6NW

NOTICE OF DECISION BY CORRESPONDENCE

APPROVAL OF ADMINISTRATOR'S FEES AND EXPENSES

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

Decisions being sought are:

1. For the appointment of a Committee if the creditors so wish

2. In the event that a committee is established CCF Limited be appointed to represent the creditors on the committee.

3. In the event that a committee is established Encon Insulation Limited be appointed to represent the creditors on the committee.

4. In the event that a committee is established Sig Trading Limited be appointed to represent the creditors on the committee.

The final date for votes is:

Date: 2 June 2020 - "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.

Nominations for the appointment of a Committee member must be delivered to the Convenor by the date specified for the lodgement of votes in the notice and can only be accepted if the Convenor is satisfied as to the nominee's eligibility under Rule 17.4.

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 decision(s) made by the resolution(s) 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 Administrator on 19 June 2018.

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. Telephone number: 01564 783777.

Dated: 13 May 2020

R P Rendle,

Administrator