Insolvency Notices

Company

LEAN EDUCATION AND DEVELOPMENT LIMITED

Notice Type
Meetings of Creditors
Publication date
26/10/2022
Edition
The London Gazette
Notice ID
4192733
Notice Code
2412

In the High Court of Justice The Business and Property Court, Leeds

No CR-2022-LDS-000570.

LEAN EDUCATION AND DEVELOPMENT LTD

(Company Number 04095839)

Registered office: c/o Inquesta Corporate Recovery & Insolvency, St John`s Terrace, 11-15 New Road Manchester, M26 1LS

Principal trading address: First Floor, Francis House, Quayside Business Park, 1 George Mann Way, Leeds, LS10 1DJ

Notice to Creditors of Decision by Correspondence

Notice is hereby given by the Administrator to the creditors of Lean Education and Development Ltd that a decision of creditors are required by correspondence in accordance with Rule 3.38, 15.3 and 15.13 of The Insolvency (England and Wales) Rules 2016 (as amended) and Paragraph 51 Schedule B1 of the Insolvency Act 1986 (as amended).

The purpose of the decision procedure is to consider the following resolutions:

1. To approve the Administrator’s Proposals for achieving the purpose of the Administration

2. Approval of the basis of the Administrator’s remuneration

3. Approval of the basis of the Administrator’s Category 2 Disbursements

4. Approval of the timing of the Administrator’s discharge from liability

5. Approval of payment of the Administrator’s pre-appointment fees and expenses

The final date for votes is:

Date: 31 October 2022 - The 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 Convener by the date specified for the lodgement of votes in the notice and can only be accepted if the Convener 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 Inquesta, St John’s Terrace, 11-15 New Road, Manchester M26 1LS 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 Inquesta at the address 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, 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 appealing to Court under Rule 15.35 of the Rules within 21 days of the Decision Date.

Administrator: Steven Wiseglass (IP No 9525) of Inquesta Corporate Recovery & Insolvency, St John`s Terrace, 11-15 New Road, Manchester, M26 1LS.

Date of Appointment: 22 August 2022

For further details contact Sam Fishwick on 0333 005 0080 or at sam.fishwick@inquesta.co.uk.