Home Folkestone News Article
Ex-Ukip leader Henry Bolton's bid to run the Grand in Folkestone thwarted
09:53, 30 November 2018
updated: 09:55, 30 November 2018
Ex-Ukip leader Henry Bolton’s bid to run as director for the Grand has been railroaded – just days after he took over.
The “disappointed” former soldier claims he discovered he was no longer the Victorian venue’s boss during an internet search last week.
Mr Bolton took to the helm of the 1899 venue on the Leas moments after the High Court declared previous directors Michael and Doris Stainer bankrupt this month.
“Of course, there was surprise and disappointment when I saw I was no longer the director.
“Nobody had told me I was no longer in the post, I received no phone calls and found out on (government database) Companies House.
“I was shocked, and it’s a real shame because this building has great potential and I was preparing to help that potential to be realised.
“There has been a lot of preparation involved in getting ready for taking over the companies– there are four involved,” Mr Bolton added.
Chartered accountant Mr Stainer, 71 and wife Doris were declared bankrupt on November 8, according to the government’s insolvency register.
Under UK law it is illegal for bankrupts to manage, form or promote limited companies.
And so within 24 hours Mr Bolton, 55, was appointed director of the businesses - Hallam Estates Ltd, Eastons Management Ltd, Folkestone Capital Ltd and Seaside Hosts Ltd - according to Companies House.
Yet eight days later his status showed as 'resigned' on the database and Robert Moss listed as the director.
Mr Bolton, a former police officer explained he will call a meeting with shareholders and seek legal advice as to whether his dismissal was legal.
"I'm sure under the 2006 Companies Act directors must be given 28 days notice (to leave)," he said.
Robert Richardson, the Grand’s general manager, said it is “business as usual” inside the building, which is also restaurant and wedding venue.
He claimed Mr Stainer was "stepping down" due to age and is appealing the bankruptcy order.
“In fairness Mr Stainer is fast approaching 80 and suffered a serious assault at the start of the year.
“Aside from Mr. Stainer stepping down it is business as usual.
"Mr Stainer explained Henry Bolton was not approved / rejected by the shareholders.
“The appointment of Robert Moss, who has extensive experience of the hospitality, bar and restaurant trade, was approved,” he said.
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