Purpose

To seek Cabinet approval for the dissolution of MEGZ Limited.
 

Decision

RESOLVED to:

1)      Agree, in its capacity as sole shareholder of MEGZ Limited, to the proposed voluntary strike-off and dissolution of MEGZ Limited, company number 04417712, as provided by section 1003 to 1008 of the Companies Act 2006;

2)      Authorise the Executive Director for Place and the Head of Markham Vale, in consultation with the Director of Legal and Democratic Services, the Director of Finance, and the Directors of MEGZ Limited to complete or procure all preparatory actions necessary to bring the company’s affairs to an orderly close; and

3)      Request that the directors of MEGZ Limited, once satisfied that the company meets the statutory requirements, approve, sign and submit the application for voluntary strike off.