Insolvency Notices

Company

KOASTA LIMITED

Notice Type
Meetings of Creditors
Publication date
23/05/2019
Edition
The London Gazette
Notice ID
3283585
Notice Code
2412

In the High Court of Justice, Business and Property Courts in Liverpool Insolvency and Companies List (ChD)

Court Number: CR-2019-0194

KOASTA LIMITED

(Company Number 05541982)

Trading Name: The Leys Pharmacy

Registered office: Banbury House, 121 Stonegrove, Edgware, Oxford, OX4 7GU

Principal trading address: 6a Courtland Road, Rose Hill, Oxford, OX4 4JA; 100 Blackbird Leys Road, Oxford, OX4 6HS; (Formerly): Spar Supermarket, Dunnock Way, Oxford, OX4 7EX

This Notice is given under Rule 15.13 of the Insolvency (England and Wales) Rules 2016 ("the Rules"). It is delivered by the Joint Administrator of the Company and the convener of the meeting, David Oprey, of CVR Global LLP, First Floor, 16/17 Boundary Road, Hove, East Sussex, BN3 4AN.

A virtual meeting of creditors is to take place for the purposes of considering the following: 1. That the Joint Administrators' Proposals including the statutory Statement of Proposals at Appendix 1. 2. That a Creditors' Committee be established if sufficient creditors are willing to be members of a Committee. 3. That the Joint Administrators' remuneration be fixed on a time costs basis in accordance with the time property given by them and their staff in attending to matters arising during the Administration. Such remuneration may be drawn from time to time from administration funds. The estimate for such work, should the CVA be approved is ÂŁ40,000. 4. That the Administrators be authorised to draw current and future Category 2 disbursements from the administration funds. 5. That the unpaid pre-Administration costs set out in the Joint Administrators's Proposal be approved. 6. That the Joint Administrators be discharged from liability in respect of any action undertaken by them pursuant to Paragraph 98 of Schedule B1 of the Act, such discharge to take effect when the appointment of Joint Administrators ceases to have effect, as defined by the Act, unless the court specifies a time. The meeting will be held on 31 May 2019 at 10.00 am. To access the virtual meeting, which will be held via a telephone conferencing platform, contact the convener - details below.

To be entitled to vote, those attending must submit a proxy form, together with a proof if one has not already been submitted, to the Joint Administrators by one of the following methods: By post to: CVR Global LLP, First Floor, 16/17 Boundary Road, Hove, East Sussex, BN3 4AN. By fax to: 01273 376821. By email to: hovdecisions@cvr.global.

All proofs of debt must be delivered by: 4pm on 30 May 2019. All proxy forms must be delivered to the convener or chair before they may be used at the meeting fixed for 10:00 am on 31 May 2019.

Date of Appointment: 21 March 2019

Office Holder Details: David Oprey (IP No. 5814) and Richard Toone (IP No. 9146) both of CVR Global LLP, First Floor, 16/17 Boundary Road, Hove, East Sussex, BN3 4AN

For further details contact: Catherine Kilgour, Email: CKilgour@cvr.global or telephone 01273 421200.

D J Oprey, Joint Administrator

20 May 2019

Ag GG21297