PART 4 Protected Cell Companies

CHAPTER 17 Dissolution

184 Decision on application for restoration
1 On an application under regulation 181(1), the court may order the restoration of a cell if—
(a) the requirements of regulation 178 were not complied with in relation to the dissolution of the cell; or
(b) the court considers it just to do so.
2 On an application under regulation 181(2), the court may order the restoration of a protected cell company if—
(a) the requirements of regulation 180 were not complied with in relation to the dissolution of the protected cell company; or
(b) the court considers it just to do so.
3 If the court orders the restoration of the cell or the protected cell company, the restoration takes effect on a copy of the court’s order being delivered to the FCA.
4 Where a protected cell company is restored to the register, the FCA must publish notice of the restoration of the protected cell company in the London, Edinburgh and Belfast Gazettes.
5 The notices must state—
(a) the name of the protected cell company;
(b) the protected cell company’s registered number; and
(c) the date on which restoration took effect.