Qualifying Decision Procedure
In the HIGH COURT OF JUSTICE LONDON
BUSINESS AND PROPERTY COURTS OF ENGLAND AND WALES No CR-2020-004033 of 2020
INTELLIGENT TELECOMMUNICATIONS LTD
Company Number: (08173339)
Registered office: No 9 Hockley Court, Hockley Heath, Solihull, B94 6NW
Principal trading address: Former Principal Trading Address: Intelligent House, 1-3 Spring Lane, Willenhall, WV12 4HR
NOTICE OF DECISION BY CORRESPONDENCE
APPROVAL OF THE ADMINISTRATOR'S PROPOSALS AND FEES BY CREDITORS
Notice is hereby given by the Administrator to the creditors of Intelligent Telecommunications Ltd that a decision of creditors are required by correspondence in accordance with Rule 3.38, 15.3 and 15.13 of The Insolvency (England and Wales) Rules 2016 (as amended) and Paragraph 51 Schedule B1 of the Insolvency Act 1986 (as amended).
The purpose of the decision procedure is to consider the following resolutions:
1. The unpaid pre-appointment costs detailed in the Proposal report be paid as a cost of the Administration as funds received allow.
2. The approval of Administrator's proposals.
3. For the appointment of a Committee if the creditors so wish and sufficient nominations for membership of the Committee are received.
4. The Office Holder be authorised to draw 'Category 2' disbursements, periodically on account at his firm's standard rate as amended from time to time & for the amounts so drawn to be notified to creditors periodically as required.
The final date for votes is:
Date: 17 December 2020 - The Decision Date
In order to be entitled to vote, a creditor, including those whose debts are less than £1,000, must lodge a statement of claim in writing on or before the Decision Date, failing which the vote will be disregarded. Secured creditors (unless they surrender their security) must also give particulars of their security, the date on which it was granted and its estimated value if they wish to vote.
Nominations for the appointment of a Committee member must be delivered to the Convenor by the date specified for the lodgement of votes in the notice and can only be accepted if the Convenor is satisfied as to the nominee's eligibility under Rule 17.4.
Creditors who have opted out of receiving information may vote by submitting a claim form in writing and a voting form on or before the Decision Date.
All claims and voting forms must be delivered to Rendle & Co, No 9 Hockley Court, Hockley Heath, Solihull, B94 6NW on or before the Decision Date.
Creditors may require a physical meeting to be convened to consider these Decisions provided that the request is made before the Decision Date and within 5 business days of the deemed delivery of this notice by delivering an authenticated and dated Notice of the objection to the Convener C/o Rendle & Co at the address below.
The threshold for a request to the use of this procedure and for the convening of a physical meeting is 10% of creditors by value, 10% by number or 10 creditors. Creditors means all creditors.
If sufficient requests for a physical meeting are received the decision procedure will not be held and no decisions taken. The Convener will then write to creditors to give Notice of a physical meeting to enable creditors to consider these decisions.
Creditors also have the right to appeal the decision(s) made by the resolution(s) by appealing to Court under Rule 15.35 of the Rules within 21 days of the Decision Date.
Contact Details: Richard Paul Rendle (IP No. 5766) who was appointed as Administrator on 26 October 2020. You may also contact Joe Bentley (joe.bentley@rprendle.com ) at Rendle & Co, No 9 Hockley Court, Hockley Heath, Solihull, B94 6NW or email info@rprendle.com. Telephone number: 01564 783777.
R P Rendle
Administrator
25 November 2020
