Resolutions for Winding-up

-0.76097152.039222MK9 2RGThe Borough of Milton KeynesInsolvency Act 19861998-07-151998-07-23TSO (The Stationery Office), St Crispins, Duke Street, Norwich, NR3 1PD, 01603 622211,

At an Extraordinary General Meeting of the above-named Company, duly convened, and held at 3rd Floor, Central Business Exchange, 383-390 Midsummer Boulevard, Central Milton Keynes, Buckinghamshire MK9 2RG, on 15th July 1998, the following Resolutions were passed, as an Extraordinary Resolution and as an Ordinary Resolution respectively:   “That it has been proved to the satisfaction of this Meeting that the Company cannot, by reason of its liabilities, continue its business, and that it is advisable to wind up the same, and accordingly that the Company be wound up voluntarily, and that Andrew James Clifford and Colin Michael Trevethyn Haig, of Baker Tilly, Chartered Accountants, 3rd Floor, Central Business Exchange, 382-390 Midsummer Boulevard, Central Milton Keynes, Buckinghamshire MK9 2RG, be and they are hereby appointed Joint Liquidators for the purposes of such winding-up and are to act as such jointly and severally, and that the Liquidators’ costs should be fixed on the basis of the time properly expended by them in the course of their duties, and that they should be authorised to draw fees on a time cost basis per annum plus disbursements and VAT from the Company’s funds held under their control forthwith or at such later date as they feel fit. Baker Tilly are hereby authorised to discharge their proper charges agreed at £4,000, together with disbursements and out of pocket expenses plus VAT out of the assets in respect of their assistance with placing the Company into Liquidation and assisting in the preparing the statement of affairs, it being clearly understood these services are given for the benefit of the Creditors of the Company, and that the Joint Liquidators be and are hereby authorised, under the provisions of section 165 of the Insolvency Act 1986, to exercise the powers laid down in Schedule 4 Part I of the said Act.” L. Phillips, Chairman