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iquidated director gets :home to start again

6th April 1979, Page 11
6th April 1979
Page 11
Page 11, 6th April 1979 — iquidated director gets :home to start again
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Which of the following most accurately describes the problem?

FORMER DIRECTOR of tpman and Ball Ltd, a corny now in liquidation, sue;fully applied for a new Once in his own name foling the withdrawal of an xtion by the Road Haulage ociation, at Birmingham VIarch 28.

.ichard William Chapman, ling as Ashley Transport vices, had applied to the St Midlands Licensing nority Arthur Crabtree for lew standard national nce for three vehicles and ae trailers, with an rating centre at North Link nmercials Ltd, New Road, ke-on-Trent.

or Mr Chapman Michael Carless said the RHA objection had been withdrawn. Mr Chapman had been in haulage for about 20 years and had last been associated with a company which was no longer in existence. That company had been taken over and been liquidated at a time when Mr Chapman had virtually no control over it.

He now wished to start on his own in a small way and the vehicles were being obtained on lease-purchase. Contracts for regular work had been obtained with British Steel and ICI and these were presently being undertaken on a clearing-house basis. The bank was prepared to give Mr Chapman a facility of some £6,000, which matched the amount of capital put in by his financial bankers.

Mr Crabtree granted the application after an assurance from Mr Chapman that his drivers would not be allowed to take their vehicles home when they were not in use.


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