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Wednesday, 5 October 2011

What is a Validation Order?

A Validation Order is an order from the court that in effect says that any "dispossession of assets" from a company ( ie withdrawals from a bank account) will not be made void if a winding up order is granted following the serving of a petition.  This then enables the bank to unfreeze the company's accounts.

For more details please look at our new page called - What is a Validation Order

Blogged by Robert Moore

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