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Think Local Limited: ceasing of trading,

Meeting: 28/11/2013 - Cabinet (Item 75)

75 Think Local Limited: ceasing of trading, pdf icon PDF 36 KB

(Report of the Portfolio Holder for Economy and Education)

Minutes:

The Report of the Portfolio Holder for the Economy and Education informing Cabinet of a Board decision by Think Local Ltd to voluntarily dissolve the company and transfer the assets back to Tamworth Borough Council, and seeking authorisation to establish a dormant limited company in Tamworth Borough Council’s ownership in order to preserve and protect the trading name ‘Think Local Limited’ was considered.

 

RESOLVED:

That the decisions of the Board of Think Local Limited be endorsed and The Director Communities, Planning and Partnerships in conjunction with the Portfolio Holder Economy and Education be authorised to establish the dormant company as soon as practically possible.

 

 

(Moved by Councillor Claymore and seconded by Councillor S Doyle)