Recovery Matters – Autumn 2018
Companies facing winding up proceedings
Ian Robert, partner at Kingston Smith & Partners LLP, welcomes you to the Autumn edition of Recovery Matters.
Companies struggling to pay their creditors in a timely manner might be presented with a winding-up petition. With the right advice, this situation can be managed properly and sensitively.
A winding-up petition is a legal notice put forward to ‘petition’ the Court to compulsorily wind up the company.