NOTICE TO THE CREDITORS OF AN INSOLVENT COMPANY OF THE REUSE OF A PROHIBITED NAME
11075104(“the Company”)
On 5 March 2025, the Company will be placed into Liquidation.
I, Toby Stephen Oddy of Fuel Studios, Kiln House, Pottergate, Norwich, Norfolk, United Kingdom, NR2 1DX, was a director of the Company within the past 12 months before it is placed into Liquidation.
I give notice that it is my intention to act in one or more of the ways specified in section 216(3) of the Insolvency Act 1986 (“the Act”) in connection with, or for the purposes of, the carrying on of the whole or substantially the whole of the business of the Company under the following name: Digital Fuel Holdings Limited (Company Number 12074629).
I would not otherwise be permitted to undertake those activities without the leave of the Court, or the application of an exception created by the Insolvency (England and Wales) Rules 2016 (“the Rules”) made under the Act.
Breach of the prohibition created by section 216 of the Act is a criminal offence.
Rule 22.5 - Statement as to the effect of the notice under rule 22.4(2) of the Rules:
Section 216(3) of the Act lists the activities that a director of a company that has gone into insolvent liquidation may not undertake unless the court gives permission or there is an exception in the Rules made under the Act, including the exceptions in Part 22 of the Rules. These activities are: -
a) Acting as a director of another company that is known by a name which is either the same as a name used by the company in insolvent liquidation in the 12 months before it entered liquidation or is so similar as to suggest an association with that company;
b) Directly or indirectly being concerned or taking part in the promotion, formation or management of any such company; or
c) Directly or indirectly being concerned in the carrying on of a business otherwise than through a company under a name of the kind mentioned in a) above.
This notice is given under rule 22.4 of the Rules where the business of a company which is in, or may go, into, insolvent liquidation is, or is to be, carried on otherwise than by the company in liquidation with the involvement of a director of that company and under the same or a similar name to that of the company.
The purpose of giving this notice is to permit the director to act in these circumstances where the company enters (or has entered) insolvent liquidation without the director committing a criminal offence and in the case of the carrying on of the business through another company being personally liable for that company's debts.
Notice may be given where the person giving the notice is already the director of a company which proposes to adopt a prohibited name.
Recorded in The Gazette, issue 64672, 3 March 2025