Business Restoration Solicitors London
There are a host of reasons why directors of a company or LLP might want to terminate the existence of a company. Similarly, the desire to restore a company can arise in a variety of circumstances. Our company solicitors can offer you comprehensive legal support to ensure this process is completed in the most straightforward manner possible.
When might directors seek to restore a business?
Typically, companies will apply to be restored when:
A company or LLP has been struck off after failing to comply with a major statutory requirement such as filing requirements but continues trading or is required to do so to protect branding, intellectual property rights or business information.
Alternatively, your company may not have been struck off due to a statutory failure but rather you voluntarily applied for the strike off as a means to wind your company down and move onto pastures new.
An application for restoration can be made if it transpires that a third party has an unresolved claim against a company or LLP and wishes it to be restored to take action to obtain redress or compensation. Or the business has title or obligations concerning assets or property, and they or another interested party wants to restore the business to enforce its obligations
Or a third party, such as a merchant bank, owes you money and they have sent your funds to the Treasury Solicitor or Bona Vacantia government department. You will not be able to claim these monies back on behalf of your company until your company has been restored to the Register of Companies at Companies House.
We can support you in applying for restoration of your company to the Register of Companies. There are two methods in which a company can be restored either administratively or via a Court process. We will advise you upon the appropriate method according to whether you fulfil the criteria for either process. If you are required to apply to the court to restore your company, we will ensure that any time limits are correctly observed. We will prepare all Court forms including the claim form, attend and represent you at any hearings, complete all Companies House requirements and deal with the Treasury solicitor and any creditors for reimbursement of monies to you or payment to any secured creditors. Throughout your dealings with us, we will keep you up to date with any developments and will be on hand to answer any questions you may have quickly and accurately.
Contact our Business Restoration Solicitors in London, Westminster, Suffolk & Tower Hamlets
Call us now on 020 3741 9583 and speak to a solicitor to make an immediate free consultation. We offer advice that is fast, reliable and affordable, with a free consultation for new clients and a transparent fixed-fee service.