When faced with the distressing prospect of a winding up petition, the situation demands immediate attention to stop it, as it could propel a company towards compulsory liquidation. Issuance of…

Cancelling a company winding-up order involves a meticulous legal procedure aimed at undoing the consequences of such an order issued by a court. Typically, when a winding-up order is sanctioned…

Withdrawing a winding-up petition involves the formal retraction of a previously submitted legal request to force the compulsory liquidation of a company. This step is usually taken when the petitioner,…

Setting aside a winding-up petition in the UK is a recourse available to companies that believe they have been unjustly targeted for liquidation. When a company is perceived to be…

At a winding up petition hearing, the court assesses the validity and merits of the petition presented by a creditor or creditors seeking to have a company or partnership wound…

If your business has received a statutory demand and faces the risk of a winding-up petition, you have the option to approach the court for an injunction to halt the…

Members can vote to carry out a winding up of a company limited by guarantee. This form of business structure often used by non-profit organisations such as: clubs, co-operatives, social…

Yes, you can get a winding up petition dismissed, but you will need to provide evidence to the court that the company is able to pay its debts, or that…

If you receive a winding up petition from HMRC it means that the collector of taxes in the UK is seeking to close your business and sell off its assets…

To wind a company up it takes 2-3 months to enter liquidation, then a year on average to liquidate assets and complete the process. The length of time it takes to…