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Company winding up

CIS
CIS Posts: 12,260 Forumite
Part of the Furniture 10,000 Posts Name Dropper
in Small biz MoneySaving
Does anyone know that, when a company is in the process of being wound up (applied for on 26 May) are they required to advertise the fact on a website they run through ?. Presumably there has to be some requirements for them to tell people, but at what point ?.

Thanks
I no longer work in Council Tax Recovery but instead work as a specialist Council Tax paralegal assisting landlords and Council Tax payers with council tax disputes and valuation tribunals. My views are my own reading of the law and you should always check with the local authority in question.

Comments

  • fishybusiness
    fishybusiness Posts: 1,263 Forumite
    In legal terms, what does 'being wound up' mean?

    It could mean insolvent, or no longer trading and applying for strike off, or even in administration.
  • CIS
    CIS Posts: 12,260 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    fishybusiness wrote: »
    In legal terms, what does 'being wound up' mean?

    It could mean insolvent, or no longer trading and applying for strike off, or even in administration.

    Creditors voluntary liquidation.
    I no longer work in Council Tax Recovery but instead work as a specialist Council Tax paralegal assisting landlords and Council Tax payers with council tax disputes and valuation tribunals. My views are my own reading of the law and you should always check with the local authority in question.
  • antrobus
    antrobus Posts: 17,386 Forumite
    CIS wrote: »
    .... Presumably there has to be some requirements for them to tell people, but at what point ?....

    If it's a creditors voluntary liquidation, there is a requirement for them to "tell people" by placing a notice in the Gazette within 14 days.
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