IN THE HIGH COURT OF JUSTICE NO. 2039 of 2013 RE: ECO GLOBAL MARKETS LTD (IN PROVISIONAL LIQUDATION) (REGISTERED NUMBER 07227012)

On 17 January 2013, the Official Receiver was appointed Provisional Liquidator of the above named company on the application of the Secretary of State for Business, Innovation and Skills. The Secretary of State presented a petition to wind up the company on public interest grounds on 11 January 2013 and this is due to be heard in the Manchester District Registry on 13 March 2013.

The role of the Provisional Liquidator, generally, is to preserve the Company’s assets, property and records pending the hearing of the winding up petition. At the hearing on 13 March 2013 the Company will either:

1. Be placed in to compulsory liquidation (if the directors do not defend the petition). If this happens the Official Receiver will be appointed as liquidator and will write to all of the known investors; or

2. If the directors defend the petition the hearing will be adjourned to a later date where there will be a trail and it will be up to the Court to either make the winding up order and place the Company into compulsory liquidation or dismiss the petition and remove the provisional liquidator, who would then hand the Company back to the directors. Customers of the Company who have paid money to the company for the purchase of carbon credits should email their details along with details of the carbon credits they have purchased to piu.or@insolvency.gsi.gov.uk.