What can I do if another party issues winding-up proceedings against my company? ================================================================================ A winding-up petition is an attempt to have a company compulsorily put into liquidation by the court. A winding-up petition can have a devastating effect on a company's business. Usually, banks will shut down the company's bank accounts and there may be long-term damage to the company's creditworthiness. The company's reputation can also suffer if customers and suppliers get wind of insolvency proceedings. It is therefore vital to seek injunctive relief if you suspect that a creditor or other party intends to present a winding-up petition. At Vardags, we can help you act fast to prevent damage to your business. If you have already been served with a winding-up petition, we can help you apply for an injunction to prevent the petition from being advertised in the London Gazette. This should stop the majority of your customers and suppliers from finding out about the petition. The company or individual who has presented the winding-up petition must wait for 7 days after serving the petition on you before advertising it. This gives you an excellent opportunity to seek an injunction, so if you have been given a winding-up petition in the last 7 days, you should call us urgently. About Us -------- Ayesha VardagFounder & President "ROLLS ROYCE SERVICE FROM START TO FINISH" Vardags offer a unique approach to the law, specially tailored to the needs of HNW individuals. Our lawyers come from the very best universities and receive the very best training - they are determined, diligent, and dedicated to getting the best outcome... [read more](https://vardags.com/about-us) [BOOK FREE CONSULTATION](https://vardags.com/contact) What our clients say -------------------- I hope you don't need it, but if you do, I would highly recommend Vardags. Xiao Ma A responsive and helpful service; quick to understand and advise on the issues. Ian Smith I could write an essay on these amazing people, but I would simply say, if someone is taking undue advantage of you and trying to destroy your life, look no further. Rahul Verma I am so happy I got to make the call to Vardags first! Excellent service. Whole team of forensics that I would have been totally lost without. I really cannot thank you enough for a perfect outcome to a complicated and not easy... case. Your care throughout was amazing. Christina Wolff Do not think twice about engaging this firm, they have been nothing short of brilliant, and in my opinion you will not find better. Nicole Barnes Vardags aren't cheap, but they are worth it. Steve OFFICES ------- [London](https://vardags.com/office/london "London") 020 7404 9390 [Cambridge](https://vardags.com/locations-we-serve/cambridge "Cambridge") 01223 855751 [Manchester](https://vardags.com/locations-we-serve/manchester "Manchester") 0161 464 4657 International 020 7404 9390 [Milan](https://vardags.com/it-it/copertura-territoriale/milano "Milan") +390282954578 [Florence](https://vardags.com/it-it/copertura-territoriale/firenze "Florence") +390282954578