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

-0.43625651.368993KT13 9QBInsolvency Act 19862018-01-112017-03-212018-01-17The London Borough of Wandsworth-0.19262551.446368SW18 4LZInsolvency Act 1986, s. 216The Borough of ElmbridgeTSO (The Stationery Office), St Crispins, Duke Street, Norwich, NR3 1PD, 01603 622211, customer.services@tso.co.uk294851262176

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

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

INDUSTRY BUZZ LIMITED

05986495

Trading Name: NAME UNDER WHICH THE COMPANY TRADED PRIOR TO INSOLVENCY: – SOURCING MACHINE

- IN CREDITORS VOLUNTARY LIQUIDATION

Registered office: B244 RIVERSIDE BUSINESS CENTRE, BENDON VALLEY, LONDON SW18 4LZ

Principal trading address: B244 RIVERSIDE BUSINESS CENTRE, BENDON VALLEY, LONDON SW18 4LZ

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.

On 21 March 2017 the above Company entered insolvent liquidation.

I, Andrew Larter of 27 Brockley Combe, Weybridge, Surrey KT13 9QB was a director of the above Company on the day it entered 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 would apply if the Company were to go into insolvent liquidation, in connection with, or for the purposes of, the carrying on of the whole or substantially the whole of the business of the Company under the following name: SOURCING MACHINE LTD

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.

Breach of the prohibition created by Section 216 of the Insolvency Act 1986 is a criminal offence.

Andrew Larter

Date: 11th January 2018