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 for a company to proceed, allowing it to continue trading and avoiding the risk of personal liability to the directors as well. We have been helping businesses since 2002. Let our team of experts help you too.
When it comes to applications for validation orders in order to be allowed to continue trading despite having a winding up petition against the company, the following parties may apply for a validation order:
- a company against which the winding up petition has been presented;
- any interested party to a transaction with a company against which a winding up petition has been presented.
Often, the validation order is made in the name of the actual company and the application for a validation order is made to court. At Francis Wilks & Jones we have the expertise to enable you to apply for a validation order in order to avoid the worst consequences of a winding up petition.
If you do not apply properly for a validation order
- a bank can freeze the bank account of a company;
- directors risk personal claims in respect of any disposal of company assets during the time the winding up petition was in existence if the company ultimately gets wound up.
At Francis Wilks & Jones we have the validation order experts to help you through this process.
Francis Wilks & Jones is the county’s leading firm of winding up petition solicitors. We are genuine experts in what we do and regularly make validation order applications on behalf of our clients. We can also help have the winding up petition removed. Our knowledge of the validation order process and case law makes us the No 1 choice for companies in need of urgent winding up petition advice.