From the administrators' statement

In May 2016, the Company received a demand from an associated company, NVC, for the repayment of £750k, in respect of a property which was purportedly transferred at an undervalue, pursuant to section 238 of the Act. This demand was brought by FB, acting on behalf of Dean Anthony Nelson and Nicholas Charles Osborn Lee of SC, being the Joint Liquidators of NVC.

In addition to the above claim, in January 2017 NVC advised that there was an intercompany debt amounting to c.£6.4m which comprised of:-

. Claims pursuant to sections 238 and 239 of the Act, relating to the transfer and purported ownership of a number of properties; and

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Berkshire Homes (Northern) Limited (07979711)

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