Public interest: winding up | Practical Law
https://content.next.westlaw.com/practical-law/document/I272fc4c6622d11e598dc8b09b4f043e0/Public-interest-winding-up?viewType=FullText&transitionType=Default&contextData=(sc.Default)
The High Court has held that the operation of a business rates avoidance scheme that misused the insolvency legislation was sufficient grounds to wind up a company in the public interest, but the operation of a tax avoidance scheme was not.
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Public interest: winding up
Practical Law UK Articles 1-618-8552
(Approx. 3 pages)
Public interest: winding up
by Clifford Chance LLP and Practical Law Restructuring and Insolvency
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Published on 24 Sep 2015
The High Court has held that the operation of a business rates avoidance scheme that misused the insolvency legislation was sufficient grounds to wind up a company in the public interest, but the operation of a tax avoidance scheme was not.