Section 202

This section applies where an order for the winding up of a company has been made by the court in England and Wales. The official receiver, if— he is the liquidator of the company, and it appears to him— may at any time apply to the registrar of companies for the early dissolution of the company. that the realisable assets of the company are insufficient to cover the expenses of the winding up, and that the affairs of the company do not require any further investigation, . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Before making an application under subsection (2), the official receiver shall give not less than 28 days’ notice of his intention to do so to the company’s creditors , other than opted-out creditors, and contributories and, if there is an administrative receiver of the company, to that receiver. With the giving of that notice the official receiver ceases (subject to any directions under the next section) to be required to perform any duties imposed on him in relation to the company, its creditors or contributories by virtue of any provision of this Act, apart from a duty to make an application under subsection (2) .... On the receipt of the official receivers’ application under subsection (2) ... the registrar shall forthwith register it ... and, at the end of the period of 3 months beginning with the day of the registration of the application, the company shall be dissolved .... . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . However, the Secretary of State may, on the application of the official receiver or any other person who appears to the Secretary of State to be interested, give directions under section 203 at any time before the end of the period in subsection (5) ....

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Source: legislation.gov.uk · retrieved 2026-09-04