To match an exact phrase, use quotation marks around the search term. eg. "Parliamentary Estate". Use "OR" or "AND" as link words to form more complex queries.


Keep yourself up-to-date with the latest developments by exploring our subscription options to receive notifications direct to your inbox

Written Question
Insolvency: Assets
Monday 12th December 2022

Asked by: Lord Kamall (Conservative - Life peer)

Question to the Department for Business, Energy and Industrial Strategy:

To ask His Majesty's Government what steps they are taking to ensure that any owners of a business that is to be dissolved are aware that if they do not withdraw any money from the bank accounts of that business before dissolving the company, the amount in the account will be considered Bona Vacantia and pass to the Crown.

Answered by Lord Callanan - Parliamentary Under Secretary of State (Department for Energy Security and Net Zero)

Companies House content on the GOV.UK website provides companies with guidance on all aspects of the dissolution process.