Prohibited names order
We obtained an order under section 216(3) of the Insolvency Act 1986 which enabled our client to be a director of a new limited company with a similar name to one that had been dissolved.
Without this order our client would have been committing an offence under section 216 of the Insolvency Act and in the circumstances could become personally liable for the debts of the company.
The application was required because when the previous company had been wound up, those dealing with the matter had overlooked a required procedural step.
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