From the administrators' statement

3.4 Following the completion of the pre-packaged sale of the Gompany's business and assets, the Joint Administrators sent a letter to creditors an 46 September 2022 to provide further information on the sale pursuant to tha requirements of the Statement of Insolvency Practice ("SIP") 16. A copy of the information provided is attached at Appendix M of this report.

3.2 The Joint Administrators would like to draw your attention to Section 2 of the SIP16 report, which provides background information regarding the Company and events leading up ta the Joint Administrators’ appointment.

3.3 As set out in the SIP16 report, the Company had entered into a number of contracts that had besn understood

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Denzel Power Limited (12532875)

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