Insolvency Notices

Company

MONARCH AIRLINES LIMITED

Notice Type
Other Corporate Insolvency Notices
Publication date
23/03/2018
Edition
The London Gazette
Notice ID
2995204
Notice Code
2408

In the HIGH COURT OF JUSTICE BUSINESS AND PROPERTY COURTS

INSOLVENCY AND COMPANIES LIST Court Number: CR-2017-007261

MONARCH AIRLINES LIMITED

00907593

In Administration

Registered office: c/o KPMG LLP,15 Canada Square, Canary Wharf, London, E14 5GL

Principal trading address: Prospect House, Prospect Way, Luton, Bedfordshire LU2 9NU

NOTICE IS HEREBY GIVEN THAT UPON THE APPLICATION of the joint administrators of the above-named company; AND UPON HEARING Daniel Bayfield QC, leading counsel for the joint administrators of the above-named company; AND UPON reading the witness statement of Mr James Robert Tucker dated 16 February 2018, On 20 March 2018 IT WAS ORDERED THAT:

1. Section 176A(2) of the Insolvency Act 1986 shall not apply and accordingly the joint administrators shall be under no obligation to set aside a prescribed part for the unsecured creditors of Monarch Airlines Limited (in administration) pursuant to section 176A(5) of the Insolvency Act 1986.

2. In respect of creditors who have not objected to the joint administrators' intention to apply to court for the court to disapply the prescribed part, the requirement in Rule 12.16(2) of the Insolvency (England and Wales) Rules 2016 that an administrator must, as soon as reasonably practicable, deliver notice of an order made under Section 176A(5) of the Insolvency Act to each creditor is complied with by gazetting notice of the order and advertising it on www.kpmg.co.uk/monarch, pursuant to Rule 12.16(3) of the Insolvency (England and Wales) Rules 2016.

3. The costs of and occasioned by this application be paid as an administration expense of Monarch Airlines Limited (in administration).

Office Holder Details: Blair Carnegie Nimmo , James Robert Tucker and Michael Robert Pink (IP numbers 8208, 8916 and 8004 ) of KPMG LLP, 15 Canada Square, London E14 5GL . Date of Appointment: 2 October 2017 . Further information about this case is available from the offices of KPMG LLP on 0800 015 2557 or at www.kpmg.co.uk/monarch.