Company restorations

Once a company is struck off the register of companies at Companies House it loses its separate legal identity and is dissolved and its remaining assets are passed to the Crown, the Duchy of Lancaster or the Duke of Cornwall (depending on location). But what happens if business continues to trade, or the company owns property, or has the benefit of certain rights over a title, or a third party has an unresolved claim against the company and wants to take action?

There are certain circumstances in which you will be able to restore the company to the register, recover assets from the Crown and continue as if the company had never been struck off.

There are two ways in which this can happen, by court order or administrative restoration, and the route taken will depend on a number of factors including the reasons for the company’s restoration and who is applying to have the company restored.

For more information on our Chelmsford commercial law services

If you would like more information on Company Restoration and how this may apply to your business, get in touch with our solicitors in Chelmsford.

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Main number: 01245 228141

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Main email: deana@gepp.co.uk

Gepp Solicitors can make sure you get the right deal for your commercial interests, allowing you to make the most of the opportunities available to you.

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