Introduction
This legal guide summarises the key differences between a ‘voluntary strike off’ and a ‘voluntary winding up’ under the Companies (Guernsey) Law, 2008 (Companies Law). Both procedures bring a company’s existence to an end, but they differ in purpose, process, timing, cost and risk. This legal guide is designed to help clients determine the most appropriate route based on their circumstances.
Voluntary strike off
In Webb and another (as liquidators of Eversholt Rail (365) Limited (in liquidation)) v Eversholt Rail Limited and another [2026] EWHC 101 (Ch), the High Court dismissed the liquidators’ appeal against a decision not to allow their extensive application for the production of documents under s.235 and s.236 of the Insolvency Act 1986 (IA 1986). The application had sought to reconstitute a special purpose company’s full corporate knowledge in circumstances where it had held no documents of its own.
Introduction
Die Umstrukturierung der vietnamesischen Schiffbauindustrie gemäß Politbüro-Beschluss 220 stellt sowohl eine strategische Chance als auch einen zeitkritischen Wendepunkt dar. Angesichts der geografischen Lage Vietnams, seiner maritimen Entwicklungsambitionen und der zunehmenden Integration in globale Lieferketten birgt der Sektor erhebliches langfristiges Potenzial. Dieses Potenzial kann jedoch nur durch entschlossene, koordinierte und rechtzeitige Reformen realisiert werden. Eine erfolgreiche Modernisierungsstrategie sollte auf fünf zentralen Säulen beruhen:
In Short
Maintaining a Business Account
In Serbia, maintaining at least one business bank account is not merely a practical necessity for businesses - it is a legal obligation.
The restructuring of Vietnam’s shipbuilding sector under Politburo Decision 220 represents both a strategic opportunity and a time-critical turning point. Given Vietnam’s geographic position, its maritime development ambitions, and its deepening integration into global supply chains, the sector holds substantial long-term potential. However, this potential can only be realized through decisive, coordinated, and timely reform.
A successful modernization strategy should be built on five key pillars:
Between those who portray insolvency as a social catastrophe that ends an individual’s life, and those who attempt to deny it as a mere "liquidity crunch," the truth is often lost in the noise. At its core, insolvency is neither a "crime" nor "the end of the road." Rather, it is a realistic financial state that requires smart legal management instead of escapism or exaggeration.
First: The Dialectic of Exaggeration and Denial
Society is often divided into two camps regarding insolvent individuals: