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Types of Company Restoration
Administrative Restoration
This type of restoration is available for companies that have been dissolved for less than six years from the date of the application. It is carried out under the provisions of the Companies Act 2006. The registrar of Companies, has the discretion to decide whether administrative restoration is appropriate for the company. Typically, the company can be restored if all outstanding filing requirements are satisfied, along with the payment of fees and any late filing penalties. The company's name and registration number remain unchanged, provided that a similar name hasn't been registered in the meantime.
Restoration by Court Order
A company that has been struck off from the companies register, either voluntarily or involuntarily, can be restored and considered to have continued in existence as if its name had not been struck off. Any interested party (e.g. director of the company or any of its creditors or anyone who incurred loss or damage before the company’s strike off) may, by submitting a relevant application to the Court, request for a company to be restored. The request must be submitted before the expiration of a period of twenty (20) years from the date the company was struck off. The Court, upon satisfaction that during the time of its strike off the company carried out business or operated, or that it is otherwise just that the company be restored to the register, will issue a court order restoring the company to the companies register.
Get A LegalRaahi Service
In a world where legal complexities abound, LegalRaahi stands as your reliable partner in securing legal assistance. We believe in the sanctity of personal freedom and are committed to defending your rights.
Why Choose LegalRaahi for Company Restoration?
- Expertise and Experience: LegalRaahi boasts a team of professionals with extensive expertise in company restoration processes. With a deep understanding of the legal requirements, we guide you through the entire restoration journey.
- Compliance Assurance: We ensure that all outstanding filing requirements, fees, and late filing penalties are addressed to meet the standards set forth in the Companies Act 2006.
- Court Order Restoration: In cases where administrative restoration might not be feasible, LegalRaahi provides the option of restoring your company through a court order. Our legal team is well-versed in the procedures and regulations governing this process.
- Cost-Effective Solutions: Our services are not only reliable but also cost-effective. We offer competitive pricing without compromising on the quality and efficiency of our services.
- Timely Updates: We understand the importance of staying informed during the company restoration process. LegalRaahi ensures you receive prompt and consistent updates regarding the progress of your restoration.
- Transparent Services: At LegalRaahi, we prioritize transparency in our dealings. You can trust us to provide clear and honest guidance, making your company restoration a hassle-free experience.
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