Breaking News - Administrative Restoration
Companies House have confirmed that the new procedure applies to all companies that have been struck off by the Registrar (under s652 1985 Act and s1000 and 1001 2006 Act) where the application to restore is made within 6 years from the date of strike off.
Jordans, sought clarification on this matter as this policy only recently came to light. Companies House website until now said that "Administrative Restoration can only be used where:
- the company was carrying on business / or in operation at the time of dissolution
- the company has been struck off under section 1000 or 1001 (power of registrar to strike off defunct company)
- the application is made within a period of 6 years after the date of dissolution, the application is made by a former director or former secretary of the
company the Crown has signified consent (bona vacantia issue) - the company has delivered all the necessary documents to bring the company up to date, i.e. all outstanding documents at the time of dissolution and
any that have fallen due during the period of dissolution."
Companies House will be amending this information to make clear that it will apply to companies struck off by the Registrar under the 1985 Act as well. "This is good news for those clients with existing companies who wish to take advantage of this process. We are pleased that Companies House will act to clear up the confusion. Understandably those who thought this process was not open to them will be less pleased if they have already undertaken the court procedure." says Kathleen O'Reilly, our Head of Internal Legal Services.
For more information on this speak to Helen Goose 0117 918 1497
