JVP VENTURES LTD

Company Number: (08578284)

This Notice is given under Rule 6.14, 15.7 and 15.8 of the Insolvency Rules (England & Wales) 2016 (“the Rules”). It is delivered by the Convenor, Mr. Shashi Patel, a director of the Company, C/o D M Patel & Co., Baltic House, 4 & 5 Baltic Street East, London EC1Y 0UJ (Telephone number:+44 (0)207 430 9697)

It is proposed that the following decisions be made using the deemed consent procedure:

1. “That Devdutt Patel of Baltic House, 4 & 5 Baltic Street East, London EC1Y 0UJ be and is hereby appointed liquidator of the company for the purposes of the winding up.”

2. That a Liquidation Committee will not be established.

A resolution to wind up the company is to be considered by shareholders on 21 December 2018.

The proposed Liquidator who is qualified to act as insolvency practitioner is:

Names of proposed Liquidator: Devdutt Patel

Address of Insolvency Practitioners: Baltic House, 4 & 5 Baltic Street East, London EC1Y 0UJ

IP Number: 8668

Email Address: dev@devpatel.demon.co.uk

Telephone Number: +44 207 430 9697

The proposed liquidator, during the period before the decision date, will furnish creditors free of charge with such information concerning the company’s affairs as they may reasonably require.

The director, before the decision date and before the end of the period of seven days beginning with the day after the day on which the company passed a resolution for winding up, are required by section 99 of the Insolvency Act 1986—

(i) to make out a statement in the prescribed form as to the affairs of the company, and

(ii) send the statement to the company’s creditors.

In respect of each of the decisions proposed above, if less than 10% in value (“the Threshold”) object to it in accordance with the procedure set out below, the creditors are to be treated as having made the proposed decision. Otherwise, the creditors are to be treated as not having made such decision and a physical meeting shall be convened to consider the decisions.

In order to object to one or more of the proposed decisions, you must deliver a notice stating that you so object (and specifying to which one or more of the proposed decisions your objection relates) to Mr Mr. Shashi Patel a C/o D M Patel, First Floor, Merritt House, Hill Avenue, Amersham HP6 5BQ not later than the Decision Date. In addition, you must have also delivered a proof of debt by the Decision Date, failing which your objection will be disregarded.

It is the convenor’s responsibility to aggregate any objections to see if the Threshold is met for the decision to be taken as not having been made.

If the Threshold is met, the deemed consent procedure will terminate without a decision being made and a physical meeting shall be convened.

All objections and proofs of debt must be submitted in writing by one of the methods set out below:

By post to: D M Patel, First Floor, Merritt House, Hill Avenue, Amersham HP6 5BQ

By email to: dev@devpatel.demon.co.uk

Please note that, if you are sending documents by post, you must ensure that you have allowed sufficient time for them to be delivered to the address above by the Decision Date set out below. An email is treated as delivered at 9am on the next business day after it was sent.

All objections and proofs of debt must be delivered by the Decision Date: 23.59 on 21 December 2018.

Any creditor whose debt is treated as a small debt in accordance with Rule 14.31(1) of the Rules must still deliver a proof if the creditor wishes to object. A creditor who has opted out from receiving notices may nevertheless object if the creditor also provides a proof by the Decision Date.

In addition, creditors who meet one or more of the statutory thresholds listed below may, up to the decision date, require a physical meeting to be held to consider any matter.

Statutory thresholds to request a meeting: 10% in value of the creditors

10% in number of the creditors

10 creditors

A creditor may appeal a decision by application to the court in accordance with Rule 15.35 of the Rules. Any such appeal must be made not later than 21 days after the Decision Date.

By Order of the Board

Dated 5 December 2018

Mr. Shashi Patel, Director/Convenor