Private Planet Ltd have issued a winding-up petition against Retro Computers Ltd (RCL). Retro Computers Ltd absorbed £513,000 of backers’ money to produce ZX Spectrum themed game consoles but failed to deliver.
The winding-up petition issued by Private Planet Ltd was originally filed on 30 November 2018. It was reported that Retro Computers Ltd were not represented at the winding-up hearing. As a result, on 1 February 2019, Retro Computers Ltd was successfully wound up by Private Plane Ltd.
As per the Insolvency Rules (Rule 4.11) a winding-up petition must be advertised in the London Gazette. In addition,the advertisement of the petition is to inform other creditors and anyone who contributes to the company that a petition has been made against the company. It enables those affected to attend the petition hearing and make any submissions to the Court. Once a winding-up petition is advertised it may not be withdrawn and will proceed to to a hearing in Court.
Winding-up Petition Solicitors
If you have received a winding up petition our legal experts are able to provide legal advice and representation. Our team of solicitors and barristers can obtain a court adjournment; CVA’s or successfully challenge the validity of the winding up Petition to ensure that the petition is dismissed, often without public advertisement.
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The information on this website is not legal advice; you should always obtain specific advice on the circumstances of your case. Our Winding-up Petition Solicitors & Barristers provide specialist legal advice based on decades of expertise. Click here or call +442071830529 to get in touch. For regulatory reasons we do not take on low value cases nor provide free legal advice, information or guidance and our team cannot answer questions from non-clients.