Source: All England Reporter
Publisher Citation: [2016] All ER (D) 89 (Nov)
Neutral Citation: [2016] EWHC 2854 (Ch)
Court: Chancery Division, Companies Court
Judge:

Robin Dicker QC

Representation Christopher Buckley (instructed by Gowling WLG (UK) LLP) for the Secretary of State.
  The respondents appeared in person.
Judgment Dates: 10 November 2016

Catchwords

Company - Compulsory winding up - Order - Two companies sharing director and having linked businesses relating to sale of rare earth metals, coloured diamonds, precious metals and storage pods - Applicant Secretary of State for Business, Innovation and Skills seeking winding up of companies - Whether application should be allowed - .

The Case

Company Compulsory winding up. The Companies Court made an order for the winding up of one company and an order restoring another company to the register of companies and for its winding up, where the affairs of the companies had been intertwined. The business of the companies had been conducted in a way that did not meet accepted minimum standards of commercial behaviour. It would be appropriate to wind up the companies as a matter of punishment for past behaviour and to mark the court's disapproval of that misbehaviour.

Practice Areas

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