Moratoria, Prohibited Names and Other: Re-use of a Prohibited Name
RULE 22.4 OF THE INSOLVENCY RULES (ENGLAND & WALES) RULES 2016
NOTICE TO CREDITORS OF AN INSOLVENT COMPANY OF THE RE-USE OF A PROHIBITED NAME
CITIGUARDS LIMITED
08999856Trading Name: Citiguards Limited, Citiguards, Citiguards Security Company, Citiguards London
Registered office: 36-38 Artillery Place, Woolwich, London, SE18 4AB
Principal trading address: 36-38 Artillery Place, Woolwich, London, SE18 4AB
On 13 September 2017, the above-named Company went into creditors' voluntary liquidation.
On 13 September 2017, the whole or substantially the whole of the business of the above-named company was acquired from the above-named company under arrangements made by its liquidator.
I, Adaku Chinyere Anyimukwu of 181, Bedonwell Road, Bexleyheath, Kent, DA7 5PU, was a director of the above-named company during the 12 months ending with the day before it went into liquidation.
I hereby give notice that it is my intention to act in one or more ways specified in section 216(3) of the Insolvency Act 1986 in connection with, or for the purposes of, carrying on the whole or substantially the whole of the business of the above named insolvent company under the following name(s):
Citiguards Security Limited, Citiguards Securities, Citiguards, Citiguards Security Company, Citiguards London and any derivatives thereof.
Section 216 of the Insolvency Act 1986 would not permit me to do the above unless I had the leave of the court or I was entitled to one of the exceptions under rule 22.4 of the Insolvency (England and Wales) Rules 2016.
A breach of the prohibition created by section 216 of the Insolvency Act 1986 is a criminal offence.
Rule 22.5 – Statement as to the effect of the notices 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 under 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 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.”