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Old 13 September 2005, 19:29   #21
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Country: UK - England
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Boat & Jetski World

A search at Companies House, today, revealed that no notice of appointment of receiver has been registered yet, but that NatWest Bank are debenture holders. I telephoned NatWest today, but they flatly refused to confirm or deny whether or not a receiver had been appointed. The upshot of this is that if they or their agent have interfered in the running of the company as debenture holder/receiver without having disclosed that fact, until they do disclose it they are 'shadow' directors and may be personally liable for any ongoing wrongdoing by the company.

Hope this helps someone.
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Old 17 September 2005, 18:13   #22
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I hate being away all week, I miss all the news!!!!!!!!

A great shame and I hope it can all be resolved sooner rather than later without it getting too messey.

Oh almost forgot. If they are selling any bits off cheap Im in need of a windscreen grab rail. Failing that im gonna have to buy Top Banana
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Old 17 September 2005, 18:18   #23
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Country: UK - England
Town: Mighty Penryn
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Quote:
Originally Posted by osprey__viper
I hate being away all week, I miss all the news!!!!!!!!

A great shame and I hope it can all be resolved sooner rather than later without it getting too messey.

Oh almost forgot. If they are selling any bits off cheap Im in need of a windscreen grab rail. Failing that im gonna have to buy Top Banana
Good point, let me know if you hear of any sell off auctions.
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Old 17 September 2005, 20:10   #24
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I had the grab rail custom made to a "similar" design to Osprey. I spoke to them and each one is a one-off (apparently)
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Old 17 September 2005, 20:33   #25
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Country: UK - Wales
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Engine: Suzuki DT225
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Quote:
Originally Posted by billsalmon
Like all transactions that have written, verbal contracts attached to them if any of the parties breeches these they are in breech of contract. If the person retains monies as part of that sale and does not pass on monies to the owner of the item being sold then that is fraud. My Ski was sold back in June so if the company was not able to pass monies on to my self after the said sale then they were insolvent. Any company that owes more than £750 and cannot cover this debt is trading Fraudulently.
Yes it is illegal to trade whilst insolvent but just try proving it - next to impossible!!!
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Old 21 September 2005, 09:36   #26
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http://www.expressandstar.com/articl...icle_80569.php
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MY BIGGEST WORRY IS THAT MY WIFE(WHEN I"M DEAD)WILL SELL MY TOY'S FOR WHAT I SAID I PAID FOR THEM.
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