STFC Bart
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« Reply #45 on: Friday, August 31, 2007, 08:40:25 » |
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I would imagine the league would see this as entering a new agreement, as additional debts can only be added upon agreement of the creditors to vary the original CVA.
So very possible that a points deduction will follow if this happens
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Samdy Gray
Dirty sneaky traitor weasel
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« Reply #46 on: Friday, August 31, 2007, 08:43:39 » |
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Oh change the fucking record Bart.
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STFC Bart
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« Reply #47 on: Friday, August 31, 2007, 08:45:46 » |
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Its the truth regarding how a CVA works- go and check for yourself.
Once you have submitted a proof of debt and the creditors have voted that is it basically. New debts can only be entered upon agreement of the creditors-a new arrangement
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Samdy Gray
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« Reply #48 on: Friday, August 31, 2007, 08:52:10 » |
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No, you're wrong. Again.
Once the CVA Proposal has been accepted by Creditors, any Creditor who has not submitted a Proof of Debt has no claim against the company - only in the Supervisor's absolute discretion.
So up yours, Bart.
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red macca
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« Reply #49 on: Friday, August 31, 2007, 08:54:28 » |
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Alright lads it aint a fucking competition.We all want this shit sorted dont we
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herthab
TEF Travel
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« Reply #50 on: Friday, August 31, 2007, 08:56:50 » |
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Alright lads it aint a fucking competition.We all want this shit sorted dont we God no!! What would we all do then?  |
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It's All Good..............
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Samdy Gray
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« Reply #51 on: Friday, August 31, 2007, 08:59:52 » |
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And it wouldn't be seen as entering into a new agreement, for that to happen a Creditor's Meeting would need to be called and they would need to approve a new Proposal.
My guess is this £2.3 million has accrued in the 5 years we were in the CVA, so they don't have a claim on the 'pot'.
Either that or Andronikou is seriously fucking shit at his job.
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herthab
TEF Travel
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« Reply #52 on: Friday, August 31, 2007, 09:01:27 » |
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And it wouldn't be seen as entering into a new agreement, for that to happen a Creditor's Meeting would need to be called and they would need to approve a new Proposal.
My guess is this £2.3 million has accrued in the 5 years we were in the CVA, so they don't have a claim on the 'pot'.
Either that or Andronikou is seriously fucking shit at his job. Surely not??!! |
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It's All Good..............
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pauld
Aaron Aardvark
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« Reply #53 on: Friday, August 31, 2007, 09:44:02 » |
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And it wouldn't be seen as entering into a new agreement, for that to happen a Creditor's Meeting would need to be called and they would need to approve a new Proposal.
My guess is this £2.3 million has accrued in the 5 years we were in the CVA, so they don't have a claim on the 'pot'. No it can't have done - if so it would be outside of the CVA. Any new claims must relate to debts incurred prior to the CVA starting in 2002 but which were not accounted for in the original proposal document. As for the "cut-off" point etc, the CVA proposal is very clear that there is a cut-off (Sept 2002) for any claims not noted in the original proposal, and that after that time any new claims will not ordinarily be admitted except at the supervisor's discretion. |
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Samdy Gray
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« Reply #54 on: Friday, August 31, 2007, 09:50:53 » |
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Any new claims must relate to debts incurred prior to the CVA starting in 2002 but which were not accounted for in the original proposal document. That's a lot of debts not accounted for though. And at an average of £18,000 per creditor (£2.3m / 124 creditors), how could they 'forget' to claim it? Or alternatively, how could Andronikou not know about it? |
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SwindonTartanArmy
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« Reply #55 on: Friday, August 31, 2007, 10:18:06 » |
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Any new claims must relate to debts incurred prior to the CVA starting in 2002 but which were not accounted for in the original proposal document. That's a lot of debts not accounted for though. And at an average of £18,000 per creditor (£2.3m / 124 creditors), how could they 'forget' to claim it? Or alternatively, how could Andronikou not know about it? Coz Sandy Gray is in charge of finances  |
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Vi er best i verden! Vi er best i verden! Vi har slått England 2-1 i fotball!! Det er aldeles utrolig! Vi har slått England! England, kjempers fødeland. Lord Nelson, Lord Beaverbrook, Sir Winston Churchill, Sir Anthony Eden, Clement Attlee, Henry Cooper, Lady Diana--vi har slått dem alle sammen. Vi har slått dem alle sammen. Maggie Thatcher can you hear me?
Your boys took a hell of a beating!"
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McLovin
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« Reply #56 on: Friday, August 31, 2007, 10:19:22 » |
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She wasn't in charge of them in 2002 though...
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SwindonTartanArmy
Go Team GB!
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London Scottish - More History than Franchise!
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« Reply #57 on: Friday, August 31, 2007, 10:23:35 » |
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i know, but its fun taking the piss out of sandy gray! |
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Vi er best i verden! Vi er best i verden! Vi har slått England 2-1 i fotball!! Det er aldeles utrolig! Vi har slått England! England, kjempers fødeland. Lord Nelson, Lord Beaverbrook, Sir Winston Churchill, Sir Anthony Eden, Clement Attlee, Henry Cooper, Lady Diana--vi har slått dem alle sammen. Vi har slått dem alle sammen. Maggie Thatcher can you hear me?
Your boys took a hell of a beating!"
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pauld
Aaron Aardvark
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Absolute Calamity!
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« Reply #58 on: Friday, August 31, 2007, 11:24:36 » |
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Any new claims must relate to debts incurred prior to the CVA starting in 2002 but which were not accounted for in the original proposal document. That's a lot of debts not accounted for though. And at an average of £18,000 per creditor (£2.3m / 124 creditors), how could they 'forget' to claim it? Or alternatively, how could Andronikou not know about it? Well, quite. |
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Power to people
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« Reply #59 on: Friday, August 31, 2007, 13:07:32 » |
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Do creditors have the right to see the proof of debt and who these "new" creditors are or is that only Android that see it and decides ?
And is there anyway existing creditors could have come back and said "oh btw I am also owed x amount as well as what is stated" ?
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