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This document is a notice to preferential creditors regarding the proposed extension of the administration period for WHSL Realisations Limited until 9 August 2025. It outlines the reasons for the
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How to fill out notice to preferential creditors

01
Obtain the notice template specifically for preferential creditors.
02
Fill in the date of the notice at the top of the document.
03
Include the name and contact information of the entity sending the notice.
04
List the name and contact information of each preferential creditor.
05
Clearly state the purpose of the notice, indicating it is regarding preferential creditors.
06
Provide details about the debt or obligation owed to each creditor.
07
Include any relevant information regarding the process or next steps for creditors.
08
Sign and date the notice at the bottom to validate it.
09
Distribute the notice to all identified preferential creditors via mail or electronic means.

Who needs notice to preferential creditors?

01
Individuals or businesses that are in financial distress and are required to notify their preferential creditors regarding debts.
02
Entities undergoing insolvency proceedings that must inform preferential creditors about their rights.
03
Trustees or administrators managing the affairs of insolvent entities need to issue notices to preferential creditors.
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Notice to preferential creditors is a formal notification that informs creditors who have preferential rights regarding the debtor's assets, typically in the context of insolvency or bankruptcy proceedings.
The notice to preferential creditors is typically required to be filed by the debtor or the insolvency practitioner handling the bankruptcy or insolvency process.
To fill out the notice to preferential creditors, the filer needs to provide essential information about the debtor, the creditors, and the amounts owed, following the specific format or guidelines set by the relevant legal authority.
The purpose of notice to preferential creditors is to ensure that creditors with preferential claims are informed of the insolvency proceedings and can assert their rights regarding any distributions of the debtor's assets.
The information that must be reported on the notice to preferential creditors typically includes the debtor's name, the creditors' names, the nature and amount of the debts owed, and the relevant dates related to the insolvency proceedings.
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Insolvency administration creditors deemed consent WHSL Realisations Limited High Court of Justice decision date creditor objection administrators proof of debt

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