Meeting of Creditors
NOTICE TO CREDITORS OF VIRTUAL MEETING OF CREDITORS
In the Insolvency Service Adjudicator’s Office
No BKT5153242 of 2024
In the matter of:
Bankrupt's Name:
Jason John Shepherd
Of 7 Holly Blue Close, Little Paxton, St Neots, Cambridgeshire, PE19 6TD
Notice is hereby given pursuant to Rule 15.8 of the Insolvency (England & Wales) Rules 2016 as amended (IR2016), that a virtual meeting of creditors has been convened by the Trustee in Bankruptcy to consider the basis of his remuneration.
Notice is further given pursuant to Rule 10.76 of the IR2016 that creditors are invited to decide whether a creditors’ committee should be established assuming sufficient creditors are willing to be members of the committee. Nominations for membership of the committee should be received by the Trustee no later than 4pm on the business day preceding the virtual meeting and nominations can only be accepted if the Trustee is satisfied as to the creditors’ eligibility under Rule 17.4 of the IR2016.
The resolution on which a decision is being sought is:
1. The Trustee’s remuneration shall be based on 25% of realisations plus VAT, without further recourse to creditors
The virtual meeting will be held at 10:30am on Wednesday 29 May 2024. If a creditor or their representative wishes to attend the virtual meeting, please telephone 01476 517928 quoting the name of the case, to register your intent and receive access details as soon as possible and before the time and date set for the meeting.
In order for a vote to be counted at the virtual meeting, a proof in respect of your claim in these proceedings should be received no later than 4pm on the business day before the date set for the virtual meeting, failing which a vote by the creditor will be disregarded. That is unless under Rule 15.26 IR2016 or 15.28(1)(b)(ii) (as applicable) the chair is content to accept the proof later.
A form of proxy is provided, which, if intended to be used must also be delivered to the convener or chair before it may be used at the meeting.
Both proofs and proxies should be sent to the Trustee at Payplan Bespoke Solutions Limited, Totemic House, Caunt Road, Grantham, Lincolnshire, NG31 7FZ. They may also be emailed to dominic.startup@payplan.com or faxed to 0845 0892485.
A creditor whose debt is treated as a small debt in accordance with Rule 14.31(1) IR2016 (£1,000 or less) must still deliver a proof if that creditor wishes to vote.
A creditor who has opted out from receiving notices may nevertheless vote if the creditor provides a proof as set out above.
Creditors who meet the thresholds in Section 379ZA(7) may, within five business days from the date of delivery of this notice, require a physical meeting to be held to consider the matters set out in this notice.
The thresholds set out in Section 379ZA(7) are:
10% in value of creditors;
10% in number of creditors;
10 creditors.
Where applicable, a complaint may be made in accordance with Rule 15.38 IR2016 and the complaint must be made as soon as reasonably practicable and in any event, no later than 4pm on the business day following the day of which the person was, appeared or claimed to be excluded, or, where an indication is sought under Rule 15.37, the day on which the complainant received the indication.
A creditor may appeal a decision of the convener or chair in accordance with Rule 15.35 IR2016 and the relevant period within which an appeal may be made is no later than 21 days after the decision date.
The virtual meeting may be suspended or adjourned by the chair of the meeting (and must be adjourned if it is so resolved at the meeting).
The Trustee, Mr N.T. Payne (IP No 9418) or Dominic Startup may be contacted on 01476 517928, by e-mail at dominic.startup@payplan.com or by writing to Payplan Bespoke Solutions Limited at Totemic House, Caunt Road, Grantham, Lincolnshire, NG31 7FZ.
N.T. Payne - Trustee
Appointed: 13 November 2023
Dated: 22 April 2024