CBL REALISATIONS LIMITED

(Company Number 03732253)

Trading Name: Cloudbuy Limited

Previous Name of Company: Cloudbuy Limited

Registered office: 4th Floor, Euston House, 24 Eversholt Street, London, NW1 1DB

Principal trading address: 4 Jupiter House, Calleva Park, Reading, Berkshire, RG7 8NN

Notice is hereby given, pursuant to Rule 15.13 of the Insolvency (England and Wales) Rules 2016, that the Joint Liquidators of the above-named Company the ‘conveners’ are seeking a decision from creditors on the following: (i) That a Liquidation Committee be established if sufficient creditors are willing to be members of a committee; (ii) That the Joint Liquidators’ fees be increased by reference to the time given by them and their staff attending to matters arising in the Liquidation to be capped at £90,000 plus VAT, such time to be charged at the hourly charge out rate of the grade of staff undertaking the work at the time it was undertaken; and (iii) That the Joint Liquidators be authorised to recover all expenses by way of a virtual meeting.

The meeting will be held as a virtual meeting by Virtual Meeting on 21 September 2021 at 10.00 am. Details of how to access the virtual meeting are included in the notice delivered to creditors. If any creditor has not received this notice or requires further information please contact the Joint Liquidators using the details below.

A creditor may appoint a person as a proxy-holder to act as their representative and to speak, vote, abstain or propose resolutions at the meeting. A proxy for a specific meeting must be delivered to the chair before the meeting. A continuing proxy must be delivered to the Joint Liquidators and may be exercised at any meeting which begins after the proxy is delivered. Proxies may be delivered to Opus Restructuring LLP, 4th Floor, 24 Eversholt Street, London, NW1 1DB.

In order to be counted a creditor’s vote must be accompanied by a proof in respect of the creditor’s claim (unless it has already been given). A vote will be disregarded if a creditor’s proof in respect of their claim is not received by 4pm on 20 September 2021 (unless the chair of the meeting is content to accept the proof later). A creditor who has opted out from receiving notices may nevertheless vote if the creditor provides a proof of debt in the requisite time frame. Proofs may be delivered to Opus Restructuring LLP, 4th Floor, 24 Eversholt Street, London, NW1 1DB.

Date of Appointment: 29 June 2020

Office Holder Details: Allister Manson (IP No. 23290) and Trevor John Binyon (IP No. 9285) both of Opus Restructuring LLP, 4th Floor, 24 Eversholt Street, London, NW1 1DB

Further details contact: The Joint Liquidators, Tel: 01908 752947, Email: ian.kiteley@opusllp.com. Alternative contact: Ian Kiteley.

Allister Manson, Joint Liquidator

26 August 2021

Ag HH52242