Resolutions for Winding-up

1998-07-091998-07-15TSO (The Stationery Office), St Crispins, Duke Street, Norwich, NR3 1PD, 01603 622211, customer.services@tso.co.uk55196311
THE RESIDENCES AT CARDIFF I PLC THE RESIDENCES AT CARDIFF II PLC THE RESIDENCES AT CARDIFF III PLC

At an Extraordinary General Meeting of the above Companies, held at the offices of PricewaterhouseCoopers, on 9th July 1998, the following Resolutions were passed, as a Special Resolution, as Ordinary Resolutions and as an Extraordinary Resolution respectively:   “That the Companies be wound up voluntarily, and that Joseph Patrick Considine and Robert William Birchall, of PricewaterhouseCoopers, Churchill House, Churchill Way, Cardiff, be and are hereby appointed Joint Liquidators of the Company for the purpose of its voluntary winding-up, and that anything required or authorised to be done by the Joint Liquidators be done by both or either of them, and that the Liquidator’s remuneration shall be fixed by reference to the time properly given by the Liquidators and their staff in attending to matters arising in the winding-up, including those falling outside their statutory duties undertaken at the request of Members, provided that such remuneration shall not exceed £3,500 plus VAT, and that, in accordance with the provisions of the Companies’ articles of association, the Liquidators be authorised: to divide among the Company’s Members in specie the whole or any part of the Companies’ assets; to value any such assets and determine how the division shall be carried out as among the Members or different classes of Members; and to vest the whole or any part of the assets in Trustees upon such trust for the benefit of the Companies’ Members as the Liquidators shall determine, but no Members shall be compelled to accept any assets upon which there is a liability.” D. M. Davies, Chairman