Insolvency Notices

Company

JGAC PSALTER LTD.

Notice Type
Moratoria, Prohibited Names and Other: Re-use of a Prohibited Name
Publication date
06/09/2021
Edition
The London Gazette
Notice ID
3877874
Notice Code
2403

RULE 22.4 INSOLVENCY RULES 2016

JGAC PSALTER LTD

10996069

(In Liquidation) (“the Company”)

Registered office: 90 WELLINGTON STREET, SHEFFIELD, SOUTH YORKSHIRE, S1 4HX

Principal trading address: 178 – 180 PSALTER LANE, NETHER EDGE, SHEFFIELD, S11 8US

On 26 August 2021 the company was placed into insolvent liquidation

I, YUNHENG WANG of 27 Twentywell View, Bradley, Sheffield, S17 4XP, was a director of the Company during the 12 months ending with the day before it went into liquidation.

I give notice that it is my intention to act in one or more ways specified in section 216 (3) of the insolvency act by carrying on the business of JGAC Psalter Ltd t/a the Psalter (Company Number 10996069) and any other business using the name “JGAC” “The” “Psalter” and “Hotel” and or any combination of these words in its title including the use of these words by Cherry Tree Yorkshire Ltd (Co No. 13452593) whom I intend to become a Director of.

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.

Would you please contact John Bailes by telephone on 07535128503 upon receipt of these instructions to take a card payment over the phone for relevant fee to cover the costs of this advertisement together with the cost of a physical copy of the Gazette for our records.

Bailoran Solicitors