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Private & Commercial Litigation Solicitors | Insolvency Legal Advice |
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Winding Up Petition
https://www.summitlawllp.co.uk/for-business/corporate-insolvency-lawyers/winding-up-petitions/
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A winding up petition is an application to close or 'wind up' a company, usually, because it is in financial difficulty. If a company cannot pay its debts, it might be served with a winding-up petition.