THE CUTTING LOUNGE LIMITED

Trading Name: The Cutting Lounge

On 28 May 2019 the above named company went into insolvent liquidation.

We, Laura Watson and Christopher Watson of First Floor Flat, 48 York Road, Paignton Devon TQ4 5NW and 77 Daveys Elm View, Paignton, Devon TQ4 7ES respectively were directors of the above named company during the 12 months ending with the day before it went into liquidation.

Pursuant to rule 22.4 of the Insolvency Rules 2016 We give notice that it isour intention to act in one or more of the ways specified in Legislation section 216(3) of the Legislation: Insolvency Act 1986 in connection with, or for the purposes of, the carrying on of the whole or substantially the whole of the business of the insolvent company under the following name:

Dartmouth Hair Limited trading as The Cutting Lounge

We would not otherwise be permitted to undertake those activities without the leave of the court or application of an exception created by Rules made under the Insolvency Act 1986.

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

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 the 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) Rule 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 the company which prop