Can a form DS01 be used for a company which DOES have liabilites?
I am thinking of the old 652a which couldn't be used under CA85 if there were liabilities, there was another relevent form, but cannot recall it. So does it matter whether a company does or doesn't have liabilities when it comes to a form DS01 be filed with CH?
Many thanks in anticipation.
PJ.
Replies (1)
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Yes, you can file DS01 for a company that does have liabilities. You have to send a copy of DS01 to all creditors within 7 days of filing it.
You have to comply with the relevant other rules as detailed on the form - hasn't traded in the last 3 months, etc.