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Friday, 23 July 2010

Sheffield Wednesday: WAS NOT SERVED a winding up "order"

Wednesday were served a winding up PETITION!

Big difference:

The winding up order is made by court at a winding up HEARING if the creditor is not paid and the company cannot agree a deal.

A winding up petition is served on the company to start the winding up process. There's usually around 60 days between the date of service and the hearing.

So come on you BBC journalists and indeed the club get it right please??

Sheffield Wednesday was NOT SERVED A WINDING UP ORDER!

For a full description of the process see this page.

1 comment :

  1. ... and it seems Accountancy Age can't get it right either!! They should certainly know better!

    http://www.accountancyage.com/accountancyage/news/2266995/sheffield-wednesday-faces

    ReplyDelete

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