In the High Court of Justice

No 3116 of 2020

BALANS RESTAURANTS LIMITED

(Company Number 08410036)

Registered office: 60 Old Compton Street, London, W1D 4UG

This Notice is given under Rule 15.8 of the Insolvency (England & Wales) Rules 2016 ("the Rules"). It is delivered by the Joint Administrators of the Company, Edge Recovery Limited, of Hayes House, 6 Hayes Road, Bromley, Kent, BR2 9AA, (telephone number +44 (0)20 8315 7430), who was Appointed by Company/Directors.

Creditors are invited to attend a virtual meeting for the purposes of considering the following (for the full wording of proposed decisions, see the proxy form):

1. The establishing of a Creditors' Committee, if sufficient nominations are received by 21 August 2020 and those nominated are willing to be members of a Committee

2. The timing of the Joint Administrators' discharge

3. The basis of the Joint Administrators' fees

4. The approval of the pre-Administration costs

The virtual meeting will be held as follows:

Date: 24 August 2020

Time: 11:00

To access the virtual meeting: Dial +44 (0)8444 73 73 73 (UK landline) or 8 73 73 (UK mobile) or 98 73 73 73 (02 mobile) Enter PIN code: 231272 (Calls cost 5.8p/min plus VAT and network charge from a UK landline and 12.5p/min plus VAT and network charge from a UK mobile.

The meeting may be suspended or adjourned by the chair of the meeting (and must be adjourned if it is so resolved at the meeting).

Also provided is a proxy form to enable creditors to appoint a proxy-holder to attend on their behalf (note: any creditor who is not an individual must appoint a proxy-holder, if they wish to attend or be represented at the meeting).

All proxy forms, together with a proof of debt if one has not already been submitted, must be completed and returned to the Joint Administrators by one of the methods set out below:

By post to: Hayes House, 6 Hayes Road, Bromley, Kent, BR2 9AA

By fax to: +44 (0)20 8315 7431

By email to: jeannine.cirullo@edgerecovery.com

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

All proofs of debt must be delivered by: 16.00 on 21 August 2020.

All proxy forms must be delivered to the convener or chair before they may be used at the meeting fixed for 11.00 on 24 August 2020.

If the Joint Administrators have not received a proof of debt by the time specified above (whether submitted previously or as a result of this Notice), that creditor's vote will be disregarded. 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 vote. A creditor who has opted out from receiving notices may nevertheless vote if the creditor also provides a proof by the time set out above.

Creditors who meet one or more of the statutory thresholds listed below may, within 5 business days from the date of the delivery of this Notice, require a physical meeting to be held to consider the matter.

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

Creditors who have taken all steps necessary to attend the virtual meeting under the arrangements made by the convener, but that do not enable them to attend the whole or part of the meeting, may complain under Rule 15.38 of the Rules. A complaint must be made as soon as reasonably practicable and in any event no later than 4pm on the business day following the day on which the person was, or appeared to be, excluded; or where an indication is sought under Rule 15.37, the day on which the complainant received the indication.

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.

Office Holder Details: Robert Cundy and Bijal Shah (IP numbers 9495 and 8717) of Edge Recovery Limited, 27 Church Street, Rickmansworth, Hertfordshire WD3 1DE. Date of Appointment: 24 July 2020.

Robert Cundy and Bijal Shah , Joint Administrators