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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?

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.