Moratoria, Prohibited Names and Other: Re-use of a Prohibited Name

-0.08809451.505124SE1 9SGInsolvency Act 1986-2.53602651.712433GL15 5ELThe London Borough of Southwark2017-08-152017-10-09The District of Forest of DeanTSO (The Stationery Office), St Crispins, Duke Street, Norwich, NR3 1PD, 01603 622211, customer.services@tso.co.uk288218862074

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

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

PETLON POLYMERS LIMITED

01389081

Registered office: The Shard, 32 London Bridge Street, London, SE1 9SG

Principal trading address: Ward Industrial Estate, Church Road, Lydney, Gloucestershire GL15 5EL

On 15 August 2017 the above named Company entered administration.

I, Alison Elaine Davies of Ward Industrial Estate, Church Road, Lydney, Gloucestershire, GL15 5EL was a Director of the Company during the period of 12 months, ending with the day it entered into administration.

I hereby give notice that I am acting and that it is my intention to continue 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 insolvent Company under the following name:

Vision Petlon Polymers Limited (Company no. 10827461)

I would not otherwise be permitted to undertake those activities without the leave of the Court or the application of an exception created by Rules made under the Insolvency Act 1986. A breach of the prohibition created by section 216 is a criminal offence.

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.