Company Law

Discussion in 'Finance, Property, Law' started by Jacques_Bustard, Nov 25, 2010.

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  1. Can anyone tell me what in layman's terms the following phrases mean:-

    Company not trading
    Company is liquidated
    Company is dissolved
    Petition has been filed

    And also if a company's status is listed as below what this means?

    07/2010 Suspension of striking off letter
    07/2010 Dissolution (First Gazt)
    01/2010 Compulsory strike off cancelled
    01/2010 Dissolution (First Gazt)
    06/2009 Compulsory strike off cancelled
    04/2009 Dissolution (First Gazt)

    None of this looks healthy and no I'm not thinking of investing in it but it would be useful to know just what it all means.