Q&As

Would a striking off application be permitted within three months of a company making a dividend payment to return value to shareholders and filing forms to clear historic and released charges?

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Published on LexisPSL on 18/02/2019

The following Corporate Q&A provides comprehensive and up to date legal information covering:

  • Would a striking off application be permitted within three months of a company making a dividend payment to return value to shareholders and filing forms to clear historic and released charges?

Section 1004 of the Companies Act 2006 (CA 2006) states that an application to strike off a company under CA 2006, s 1003 must not be made if at any time in the previous three months the company has:

  1. changed its name

  2. traded of otherwise carried on business

  3. made a disposal for value of property or rights that, immediately before ceasing to trade or otherwise carry on business, it held for the purpose of disposal for gain in the normal c

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