Court Order to Wind Up Cigrek Capital

Cigrek Capital is founded by Paul Smith and Laura Barscevska

For more details about the court order, click here

EDI-128-24 Liquidation of Cigrek Capital Ltd

COMPANY LIQUIDATION – WINDING UP ORDER

Edinburgh 22 March 2024 Sheriff Campbell KC

The sheriff having resumed consideration of the foregoing Petition together with the productions,

(1) having seen the Edinburgh Gazette dated 8 March 2024 and the Metro newspaper dated 8 March 2024, and publication on the SCTS Website each containing the intimation ordered by the preceding interlocutor, no answer to said petition having been lodged in court;

(2) finds that the amount of the share capital of the said Cigrek Capital Ltd, paid up or credited as paid up does not exceed £120,000, and that the said company is unable to pay its debts;

(3) therefore orders that Cigrek Capital Ltd having its registered office at 10b Royal Circus, New Town, Edinburgh, EH3 6SR be wound up in pursuance of the Insolvency Act, 1986;

(4) nominates and appoints Ian W Wright and Rehan Aimed, both of Quantuma Advisory Ltd, 3rd Floor Tumberry House, 175 West Georg St, Glasgow, G2 2LB to be the joint interim liquidators of the said company with the usual powers, all in terms of said Statute and of Law,

(5) finds the petitioner entitled to the expenses of this process as expenses in the liquidation

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