Insolvency Notices

Company

YOUR LOCAL FLYER LTD

Notice Type
Moratoria, Prohibited Names and Other: Re-use of a Prohibited Name
Publication date
10/09/2019
Edition
The London Gazette
Notice ID
3382268
Notice Code
2403

NOTICE TO THE CREDITORS OF AN INSOLVENT COMPANY OF THE RE-USE OF A PROHIBITED NAME

RULE 22.4 OF THE INSOLVENCY (ENGLAND AND WALES) RULES 2016

YOUR LOCAL FLYER LTD

06820177

Registered office: The Mill, Pury Hill Business Park, Alderton Road, Towcester NN12 7LS

Principal trading address: The Old Bakehouse, Alston Drive, Milton Keynes MK13 9AP

On 15 August 2019 the company entered into Creditors’ Voluntary Liquidation.

I, Stuart Oliphant of c/o The Mill, Pury Hill Business Park, Alderton Road, Towcester NN12 7LS was a director of the above-named company on the day it entered into Creditors’ Voluntary Liquidation.

I give notice that I am acting and intend to continue to act in one or more of the ways to which Section 216(3) of the Insolvency Act 1986 applies for the purposes of carrying on the whole or substantially the whole of the business of the above-named company under the following name:

YLF MK LTD T/A YOUR LOCAL FLYER

RULE 22.5 - STATEMENT AS TO THE EFFECT OF THE NOTICE UNDER RULE 22.4(2):

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 made 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 is either the same as a name used by the company in insolvent liquidation in the 12 months 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 in pursuance of Rule 22.4 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 or a similar name to that of that company.

The purpose of the giving of 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.

Stuart Oliphant