Jurisdiction(s):
United Kingdom

Related legal acts

Key definition

Dissolution definition

What does Dissolution mean? In family law, dissolution is the court process that ends a civil partnership and restores each partner to single status. It is the route used to end both same‑sex and opposite‑sex civil partnerships in the UK, and remaining same‑sex civil partnerships in Ireland. In England and Wales, dissolution is a statutory process under the Civil Partnership Act 2004, as amended by the Divorce, Dissolution and Separation Act 2020: a sole or joint application supported by a statement of irretrievable breakdown leads (after a minimum 20‑week period) to a conditional order and then a final order. Northern Ireland now operates a...

Dissolution following compulsory winding up or creditors’ voluntary liquidation: procedures, creditor notices, liquidator release, early dissolution, and post-dissolution consequences (England and Wales)

Published by a LexisNexis Restructuring & Insolvency expert

Practice notes

Compulsory liquidation or winding up by the court Where the Official Receiver is appointed

When the court makes a winding-up order, the official receiver (OR) takes office as liquidator. After the OR has finished their enquiries and considers the winding up practically complete, they may lodge a notice with the registrar of companies confirming that the court winding up has been concluded. A winding up is treated as complete when the liquidator has taken the Company’s affairs as far as possible towards closure. The company is dissolved three months after the registrar registers that notice. Under the Insolvency (England and Wales) Rules 2016 (IR 2016), SI 2016/1024, r 7.70, the OR must send creditors a notice of intention to dissolve before notifying the Secretary of State, under section 174(3) of the Insolvency Act 1986 (IA 1986), that the winding up is for practical purposes complete. That notice must be accompanied by a summary of the OR’s receipts and payments in their capacity as liquidator, which must also contain a statement setting out the amount paid to unsecured creditors under IA 1986, s 176A (the as referenced above and within the cited provisions concerning the winding up process herein as noted)...

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