Administrative restoration allows Companies House to restore a dissolved company to the company register in certain circumstances, with a quicker process and generally lower costs. In cases where administrative resolution is not a viable option, the option to obtain a Court Order remains available.
How long does a company restoration take?
Once all the necessary documents have been correctly submitted to the Registrar the company will be restored to the Register often within a few days. Where the company is to be restored by Court Order the process is likely to take about 3 to 4 months.
What happens when a company is restored to the register?
By virtue of sections 1028(1) and 1032(1) of the Companies Act 2006, the effect of restoration to the register is that the company is deemed to continue in existence as if it had not been dissolved or struck off the register.
Can you bring back a dissolved company?
As mentioned above, it is possible to restore a company if it has been dissolved and removed from the Companies House register. If your company was forcibly removed from the register, the directors can apply for administrative registration.
Can a dissolve company be revived?
A company dissolved under Section 248 of the Companies Act, 2013 can be restored in the Register of Companies (ROC) by an order of the National Company Law Tribunal (NCLT). Who can file an Application? The Company, Member or Creditor or even a Workman can make an application to revive the Company.
How to apply for administrative restoration to the Register?
Form RT01 The RT01 form (or, for an LLP, the equivalent form LL RT01) – the ‘ Application for administrative restoration to the Register’ – must be completed with the following details: The dissolved entity’s company name and company registration number
Where do you pay Companies House administrative restoration fee?
This is the Companies House administrative restoration fee. Cheques should be made payable to ‘Companies House’ with the company number of the company being restored written on the reverse to avoid confusion.
How can I restore a company that has been dissolved?
You can only apply to Companies House to get your company restored (known as ‘administrative restoration’) if: it was struck off the register and dissolved by the Registrar of Companies within the last 6 years Otherwise you’ll have to get a court order to get the company restored. Call Companies House if you need advice about your application.
Can a company be restored under an administrative order?
Where it’s available, the administrative restoration procedure can be particularly attractive because, compared to restoration via a Court Order, it’s typically quicker, simpler and less costly. This article explains what the directors or shareholders of a dissolved company must do to restore a company under the administrative restoration process.
