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- “Winding-up in the public interest.” When will it happen and what are the consequences for the Director and the Company?
“Winding-up in the public interest.” When will it happen and what are the consequences for the Director and the Company?
![](https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/78855e8a-2b71-45df-bb7e-24355a40db2d/tingey-injury-law-firm-nSpj-Z12lX0-unsplash-scaled.jpg?t=1678301474)
Ben Chase of NDP Solicitors compares and contrasts two cases dealing with winding-up a company in the public interest, one where a winding-up order was made, and another in which the judge decided not to wind-up the companies and explains why, concluding that ‘the nuclear option’ is not used very often.