If your company bank account has been frozen because of a winding up petition – we can help. A validation order application is normally the best way to proceed, allowing you to continue trading and avoiding the risk of personal liability as well. We have been helping businesses since 2002. Let our team of experts help you too.
Do you need a validation order to continue trading?
Failure to apply for a validation order can lead to personal claims against directors if the company is later wound up. Certain transactions will be deemed voidable and monies reclaimed from the receiving party. We can help you continue to trade and if needed, unfreeze company bank accounts.
If a winding up order has been served on you, then we can help you through the validation order application at court and seek the court’s permission for certain transactions to be made and also notify you banks to allow the payments to be made. This will allow you to continue to trade without the worry of further legal action against the company and/or the individual directors. It is a great company rescue mechanism.
Our expert team of winding up petition and validation order solicitors at Francis Wilks & Jones are here to help you with any company rescue issues you might be facing. Our knowledge of winding up orders and validation orders is very broad and we have dealt with hundreds of winding up petitions enquiries. Contact one of our expert team today.