Caparo Engineering Limited - in Liquidation
Decision procedure for proposed increase in Liquidators' fees and recharges
We are requesting the approval of creditors to an uplift in the amount of the joint liquidators' fees and to pay a proportion of the costs incurred by another group company, Caparo Industries Plc (in administration), in pursuing investigations for the benefit of both itself and the Company.
We are seeking this approval by means of a decision by correspondence of all the creditors of the Company. We set out the reasons for these requests in the attached document "Request to revise initial fees estimate: information for creditors".
We also attach a formal notice of the decision procedure, which includes a voting form. Creditors who wish to take part in the decision by correspondence should complete the voting form and return it to the liquidators either by post or email to the addresses given in the notice by 23.59 on Monday 31 October 2022.
Request to revise initial fees estimate: information for creditors (11 October 2022)
Notice to creditors - seeking decisions by correspondence (12 October 2022)
Notification to Creditors
On 26 October 2018 the administration ended and the Company moved to creditors' voluntary liquidation with Anthony Steven Barrell and David Matthew Hammond being appointed as Joint Liquidators.
The Joint Administrators were discharged from liability in respect of any of their actions as administrators with effect from 9 November 2018.
Anthony Steven Barrell has since left the firm. An application was made to the Court to remove him as liquidator of the Company. The application was granted and so Anthony Steven Barrell was removed and Toby Scott Underwood was appointed as joint liquidator with effect from 10 May 2019.
Liquidators' Progress Reports
Caparo Engineering Limited - in Liquidation - Liquidators' final account
Caparo Engineering Limited - in Liquidation - Liquidators' fourth progress report
Caparo Engineering Limited - in Liquidation - Liquidators' third progress report
Caparo Engineering Limited - in Liquidation - Liquidators' second progress report
Caparo Engineering Limited - in Liquidation - Liquidators' first progress report
Caparo Engineering Limited - in Liquidation - Notice LIQ03
Administrators' Final Progress Report
Caparo Engineering Limited - in Administration - Administrators' final progress report
Caparo Engineering Limited - in Administration- Notice AM22
Administrators' Fourth Progress Report
The Administrators have published their fourth progress report which provides details on the progress of the Administration from 19 April 2017 to 18 April 2018. The report can be accessed by use of a password which has been sent by post to all known creditors.
Administrators' Third Progress Report
The Administrators have published their third progress report which provides details on the progress of the Administration from 19 October 2016 to 18 April 2017. The report can be accessed by use of a password which has been sent by post to all known creditors.
Caparo Engineering Limited - in Administration - Administrators' Third Progress Report
Caparo Engineering Limited - in Administration - Notice AM10
Administrators' Second Progress Report
The Administrators have published their second progress report which provides details on the progress of the Administration from 19 April 2016 to 18 October 2016. The report can be accessed by use of a password which has been sent by post to all known creditors.
Caparo Engineering Limited - in Administration - Administrators' Second Progress Report
Caparo Engineering Limited - in Administration - Form 2.24B
Administrators' First Progress Report
The Administrators have published their first progress report which provides details on the progress of the Administration from 19 October 2015 to 18 April 2016. The report can be accessed by use of a password which has been sent by post to all known creditors.
Caparo Engineering Limited - in Administration - Administrators' First Progress Report
Caparo Engineering Limited - in Administration - Form 2.24B
Administrators' Remuneration Report: Initial information to creditors including fees estimate
The Administrators have published their Remuneration Report which provides details of both their fee estimate and details of the expenses which they consider will be or are likely to be incurred during the administration. The Report can be accessed by use of a password which has been sent by post to all known creditors.
Administrators' Proposals
The Administrators have published their Proposals which provide an account of the steps that have been taken in the Administration to 11 December 2015 and set out how they intend to achieve the purpose of the administration. The Proposals can be accessed by use of a password which has been sent by post to all known creditors.
Caparo Engineering Limited (in Administration) - Joint Administrators' Proposals
Statement of claim form
Please send the completed statement of claim form and supporting evidence addressed to Caparo Engineering Limited (in Administration) to 7 More London Riverside, London SE1 2RT.
Notification to creditors
Matthew David Hammond and Toby Scott Underwood have been appointed as Joint Liquidators of the Company to manage its affairs, business and property as its agents without personal liability. David Matthew Hammond is licensed in the United Kingdom to act as an Insolvency Practitioner by the Institute of Chartered Accountants in England and Wales.
Toby Scott Underwood is licensed in the United Kingdom to act as an Insolvency Practitioner by the Institute of Chartered Accountants in England and Wales.
The Joint Liquidators are bound by the Insolvency Code of Ethics which can be found at:
https://www.gov.uk/government/publications/insolvency-practitioner-code-of-ethics
The Joint Liquidators may act as controllers of personal data as defined by UK data protection law depending upon the specific processing activities undertaken. PricewaterhouseCoopers LLP may act as a processor on the instructions of the Joint Liquidators. Personal data will be kept secure and processed only for matters relating to the Joint Liquidators’ appointment. Further details are available in the privacy statement on the PwC.co.uk website or by contacting the Joint Liquidators.
