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How is a struck-off company restored?
A
court application is necessary to obtain a Restoration Order
and the process usually takes between 8-12 weeks from submission
of the application.
A
claim is filed in the High Court in London or at one of the
District Registries or in a County Court. We process all applications
through the Companies Court in London as this is the quickest
route.
The
Company and any director, member or creditor may make this
application. If the company was struck off at the request
of either the directors, employees, managers or pension trustees,
any directors who did not originally consent to striking off
may also apply.
The
court application must be served on the Treasury Solicitor
or the solicitor acting for the relevant Duchy and must also
be served on the Registrar of Companies. The Registrar of
Companies must be given at least 10 days to instruct the Treasury
Solicitor.
The
court requires a statement of truth or witness statement from
the applicant confirming that the required formalities have
been complied with and also setting out the history of the
Company and circumstances surrounding its striking off and
the reason for its application.
For further information see FAQs
It
is necessary to show that the Treasury Solicitor has no objection
to the restoration of the company.
In
some instances the applicant does not requure the company
to carry on after restoration but simply requires the company
to be restored so that any assets inadvertantly left in the
company can be realised. In such cases it may not be necessary
to bring the statutory affairs of the company up to date.
If
the application is successful a copy of the Court Order will
need to be sealed and served on the Registrar of Companies.
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