Rectification of company register following death of sole owner

 In Elderly/Vulnerable Client

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King’s Court Trust Limited v Lancashire Cleaning Services [2107] EWHC 1094

Case Summary from LawSkills | Private Client specialist trainers

The deceased was sole shareholder and director of a cleaning company which had continued to operate after his death. A few weeks later, the business’s bank account was frozen. The claimants intended to appoint a director to take control of the company, but ran into difficulties as there was no power for them to do so in the company’s Articles. Neither was there a surviving director or company secretary to assist in the formalities. Unless the matter could be resolved as a matter of urgency the lack of a functioning bank account would have a very serious detrimental effect on the business.

 

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