Insolvency Notices

Company

SLAIDBURN 52 LIMITED

Notice Type
Meetings of Creditors
Publication date
27/03/2019
Edition
The London Gazette
Notice ID
3241848
Notice Code
2442

SLAIDBURN 52 LIMITED

(Company Number 09725846)

Registered office: c/o RSM Restructuring Advisory LLP, Third Floor, One London Square, Cross Lanes, Guildford GU1 1UN

Notice delivered to creditors on: 28 March 2019

Notice of Physical Meeting of Creditors Pursuant to Rule 15.6 of the Insolvency (England and Wales) Rules 2016

NOTICE IS HEREBY GIVEN that a physical meeting of the creditors of the above named company will be held at RSM Restructuring Advisory LLP, Third Floor, One London Square, Cross Lanes, Guildford GU1 1UN on 3 April 2019 at 11:15 am for the purposes of seeking the creditors' nomination of liquidator.

Please note that, as a result of the requirement to hold a physical meeting of creditors due to the requisite proportion of creditors, within the prescribed timescale, having objected to the nomination of a liquidator through the deemed consent procedure as set out in the notice sent to creditors dated 14 March 2019, the original deemed consent procedure is superseded and will have no effect.

The creditors' nomination of liquidator will depend entirely on their decision at the meeting on the meeting date.

Voting

A form of proxy and proof of debt form are available. If you intend to vote, a proof of debt must be duly completed and received at RSM Restructuring Advisory LLP, Third Floor, One London Square, Cross Lanes, Guildford GU1 1UN, not later than 4.00 pm on 2 April 2019, together with a PROXY FORM. The proxy form must be received by the convenor before the meeting, at the same address, for it to be valid and counted.

SECURED CREDITORS (unless they surrender their security) must give particulars of their security and its value if they wish to vote at the meeting.

CREDITORS who have OPTED OUT from receiving notices may nevertheless vote if the creditor provides a proof of debt and voting form in accordance with the above provisions.

CREDITORS whose debts are treated as a SMALL DEBT in accordance with Rule 14.31 (1) of the Insolvency (England and Wales) Rules 2016 must still deliver a proof of debt if they wish to vote. Rule 14.31 (1) states that Office Holders may treat a debt, which is a small debt according to the accounting records or the statement of affairs of the company, as if it were proved for the purposes of paying a dividend. Small debts are defined in Rule 14.1 (3) as a debt (being the total amount owed to a creditor) which does not exceed ÂŁ1,000.

Remote Attendance

Any creditor who wishes to attend the meeting remotely, i.e. participate in the meeting without actually being in the place where the meeting is being held, should inform RSM Restructuring Advisory LLP, Third Floor, One London Square, Cross Lanes, Guildford GU 1 1 UN in advance of the meeting date. It is at the discretion of the convener of the meeting whether to permit a creditor to attend remotely.

Excluded Creditors

A creditor who is permitted to attend the meeting remotely but is unable to do so, for the whole or part of the meeting, under the arrangements put in place by the convener of the meeting, ('an excluded creditor'), or a creditor who attends the meeting but who claims to have been adversely effected by the exclusion of the excluded creditor, may complain during the course of the meeting to the chair of the meeting, or after the meeting, to the convener. A complaint to the convener must be made no later than 4.00pm on the business day following the creditor's exclusion or notice of exclusion in accordance with Rule 15.38.

An excluded creditor may request an indication of what occurred during the period of their exclusion. Any such request must be made as soon as reasonably practicable and no later than 4.00 pm on the business day following the day on which the exclusion is claimed to have occurred.

Shareholder's and Creditors' Meeting Resolutions

A shareholders' meeting has been convened for 3 April 2019 to pass a resolution for the winding up of the company and to appoint Terence Guy Jackson and Matthew Wild as Joint Liquidators.

Terence Guy Jackson and Matthew Wild are both licensed to act as insolvency practitioners in the UK by the Institute of Chartered Accountants in England and Wales and their contact details are as follows:

Primary Office Holder: Terence Guy Jackson, RSM Restructuring Advisory LLP, Third Floor, One London Square, Cross Lanes, Guildford GU1 1UN (IP Number 16450) Tel: 01483 307 062.

Joint Office Holder: Matthew Wild, RSM Restructuring Advisory LLP, Portland, 25 High Street, Crawley, West Sussex RH10 1BG (IP Number 9300), Tel: 01293 591822.

Insolvency practitioners are bound by the Insolvency Code of Ethics when carrying out all professional work relating to an insolvency appointment.

The following resolutions will also be sought at the creditors' meeting:

a) For the nomination of a liquidator(s) (who can be the same person appointed by the company or another insolvency practitioner). (The creditors' nomination will be the liquidator, irrespective of the shareholders' appointment).

b) That if joint liquidators are appointed, they are to act jointly and severally.

Liquidators' fees and expenses

It is not proposed that any decision on the liquidators' fees and expenses will be sought at the meeting.

Following their appointment the Liquidators will seek approval of their fees from the Liquidation Committee (if appointed) or from the creditors.

Statement of Affairs

A copy of the company's statement of affairs, which was prepared by us as directors, was sent to creditors on 20 March 2019.

Complaints

A creditor who disagrees with the manner in which they are treated in relation to the above decision procedure may appeal to the Court within 21 days of the decision date, i.e. the meeting date.

Adjournment and Suspension

The decision date for any decisions made at the meeting will be the date of the meeting ('the meeting date') - unless the meeting is adjourned to a later date (which must not be later than 14 days after the meeting date).

The meeting may be suspended or adjourned at the discretion of the chair of the meeting -who must adjourn the meeting if it is so resolved by the meeting.

NOTE: Please complete the available proof of debt form and return it together with a detailed statement of your account, and voting form, and any other relevant documentation to Olivia Hutchison, at the address above.

Dated: 26 March 2019

Simon Whiteley , Director