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Category: European Law
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Experience:  LL.B, LPC, LL.M, Pg.Dip, Solicitor-Advocate. UK Practising Certificate issued by SRA., DIFC Courts Registered (Dubai)
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A parents company was struck off in May 2012 But subsidiary

Customer Question

A parents company was struck off in May 2012 But subsidiary company still operated to 31.12 2012 and 31 12 2013 Subsidiary had assets and trading activities
Was that legal or Rule of Bona Vacanti operates Are Directors and Auditors responsible for the accounts of 31 12 2012 and 31 12 2013
Submitted: 1 year ago.
Category: European Law
Expert:  Buachaill replied 1 year ago.

1. Can you better explain the situation. Was the subsidiary company struck off? If so when? On what grounds was it struck off? Is the subsidiary company still trading today? Why was the parent company struck off - for what reason? what is your own interest in each company? What do you want to achieve? Do you want to own some of the assets of the subsidiary?

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