Insolvency Notices


Notice Type
Moratoria, Prohibited Names and Other: Re-use of a Prohibited Name
Publication date
19/11/2021
Edition
The London Gazette
Notice ID
3932537
Notice Code
2403

SOULSHINE SOULLA LIMITED

09067209

Please accept this as notice that Vassoulla Demetriou has applied, under section 216 of the Insolvency Act 1986, to carry on the whole or substantially the whole of the business of Soulshine Soulla Limited.

Soulshine Soulla Limited is a registered company, number 09067209 of 7 The Ridge, Ridgemount Road, Sunningdale, England, SL5 9RN which has entered liquidation on 18 November 2021 with Andrew Kelsall and Lee Green of Larking Gowen, King Street House, 15 Upper King St, Norwich NR3 1RB appointed as the joint liquidators.

Vassoulla Demetriou of 7 The Ridge, Ridgemount Road, Sunningdale, England, SL5 9RN was a director of Soulshine Soulla Limited on 18 November 2021 and for the twelve months preceding this date, and intends to carry on the whole or substantially the whole of the business of Soulshine Soulla Limited under the company name Soulshine by Soulla Ltd trading as Soulshine Retreats.

A breach of section 216 of the Insolvency Act 1986 is a criminal offence, and Vassoulla Demetriou would not otherwise be permitted to undertake such carrying on of business without the leave of the court and this application under the Insolvency Rules 2016.

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 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 either the same as a name used by the company in insolvent liquidation in the 12 month 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 22.3 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 name or a similar name to that of that company.

The purpose of giving 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.