IF YOU AGREE WITH THE PROPOSED DECISIONS YOU DO NOT NEED TO TAKE ANY ACTION
Rule 6.14

INFORMATION AND GUIDANCE

Rule 6.14(8) Further information is available as follows:
Delete as
appropriate

The proposed liquidators during the period before the decision date, must furnish
creditors free of charge any such information concerning the company’s affairs as
they may reasonably require.
ORDelete as
appropriate

On the two business days falling next before the decision date, a list of the names
and addresses of the company’s creditors will be available for inspection free ofcharge at the address given for the Insolvency Practitioner within the Insolvency
Practitioner Details section of the case page.

Rule 6.14(7) Statement of Affairs [‘SoA’]:

If the SoA is not attached to this notice the following applies:
The directors, before the decision date and before the end of the period of sevendays beginning with the day after the day on which the company passed a resolution
for winding up, are required by section 99 of the Insolvency Act 1986—(i) to make out a statement in the prescribed form as to the affairs of thecompany, and(ii) send the statement to the company’s creditors.
Rule 6.17(1) Material transactions report:
Rule 6.17(3) A report must be made by the directors of any material transactions made between

the date of the SoA and the decision date as soon as practicably possible.
Rule 6.17(4) The delivery of any report under the deemed consent procedure can result in thedeemed approval date being extended to ensure that 3 business days are allowed
between delivery of the report and deemed approval.
Any change in the deemed decision date will be provided with the report.

The ‘deemed approval’ process:Section 379ZB(6)IA86

In respect of each of the decisions proposed above, if less than 10% in value ofcreditors (who would be entitled to vote if a vote were taken, “the Threshold”) object
to it in accordance with the procedure set out below, the creditors are to be treated ashaving made the proposed decision.
Otherwise, the creditors are to be treated as not having made such a decision and aphysical meeting must be convened in this case (section 100 appointment).

Objections can be made as follows:
Attachedobjection notice
can be usedIn order to object to one or more of the proposed decisions you will need to
select the relevant decision and then press <Object>, you may if you wish state areason for objection not later than the deemed decision date included in the notice
above.

In addition, you must have also delivered a proof of debt (unless one has already beensubmitted) also by the deemed decision date, failing which your objection will bedisregarded.
Any objection will not be valid until the proof of debt has been received and thethreshold met.

Small debts:
Rule 14.31(1) Any creditor whose debt is treated as a small debt for the purposes of any dividend

must still deliver a proof of debt if a valid objection is to be made.
Rule 1.39(2) Opted out creditors:
Attached notice
to opt out can beused

A creditor may opt out of receiving notices in writing but nevertheless can still object in a
deemed consent decision providing a proof of debt has been delivered by the deemed
decision date or any extension thereof.
It should be noted that opting out will not affect any right to a dividend or future
participation in decision making processes.

Request for a physical meeting
Attached request
notice can beused
Section 379ZA(7)IA86In addition to making an objection creditors who meet one or more of the statutory
thresholds listed below may also request a physical meeting to be held to consider
any decisions proposed or other matters.
The statutory thresholds to request a meeting are any of the following:+ 10% in value of the creditors+ 10% in number of the creditors+ 10 creditors
Termination of process on breach of threshold:

Rule 15.7
Rule 6.14(4)If the objection threshold is met or sufficient creditors request a physical meeting, thedeemed consent procedure will be terminated without a decision being made and aphysical meeting must be convened in section 100 proceedings.

Notice of termination
It is the convener’s responsibility to aggregate any objections to see if the Threshold is
met for the decision to be taken as not having been made and a further notice will beissued.

Notice of alternative nominations
Attachednomination form
can be used

Any creditor may also make an alternative nomination for liquidator. Any
nominations must be made in writing together with a proof of debt and evidence ofqualification and consent to act.
Any nomination should be made in conjunction with an objection and / or request
for a physical meeting and will only be considered if the relevant threshold has beenexceeded.

Appeal process
Rule 15.35 A creditor may appeal any actions of a convener by application to the court. Any

appeal must be made no later than 21 days after the decision date.

IF YOU AGREE WITH THE PROPOSED DECISIONS YOU DO NOT NEED TO TAKE ANY ACTION