{
 "name": "Who decides about a closing company's records",
 "title": "Who decides about a closing company's records",
 "kind": "terms-board",
 "url": "https://sellcompanyrecordstoai.com/datasets/company-closing-powers-law/",
 "csv": "https://sellcompanyrecordstoai.com/datasets/company-closing-powers-law.csv",
 "markdown": "https://sellcompanyrecordstoai.com/datasets/company-closing-powers-law/index.md",
 "computed_at": "2026-10-28",
 "license": "https://sellcompanyrecordstoai.com/terms",
 "headline": "9 UK rules on who decides about a closing company's property and records, each quoted from the statute, the regulator or GOV.UK, read 28 October 2026.",
 "quotes": [
  "9 UK rules on who decides about a closing company's property and records, each quoted from the statute, the regulator or GOV.UK, read 28 October 2026.",
  "The closing route it governs, by rule: striking the company off the register 3 of 9, administration 1 of 9, a voluntary winding up before a liquidator is appointed 1 of 9, a creditors' voluntary winding up 1 of 9, a company once dissolved 1 of 9, a members' voluntary winding up 1 of 9, a firm the FCA regulates 1 of 9 (9 rules, read 28 October 2026).",
  "Who it gives the say over the company's property, by rule: the directors 3 of 9, the liquidator, or whoever sanctions the directors' powers 2 of 9, the administrator 1 of 9, the court 1 of 9, the Crown, as bona vacantia 1 of 9, the firm itself, under the regulator's rules 1 of 9 (9 rules, read 28 October 2026).",
  "The rule, in its words, by rule: stated 9 of 9 (9 rules, read 28 October 2026)."
 ],
 "citation": "\"Who decides about a closing company's records\", updated 2026-10-28, https://sellcompanyrecordstoai.com/datasets/company-closing-powers-law/.",
 "national": {
  "n": 9,
  "unit": "rules",
  "documents": 9,
  "published_sources": 9,
  "named_sources": 9
 },
 "board": {
  "type": "clauses",
  "noun": {
   "one": "rule",
   "many": "rules"
  },
  "document": {
   "one": "statute, regulator or GOV.UK page",
   "many": "statute, regulator and GOV.UK pages"
  },
  "fields": [
   {
    "id": "route",
    "label": "The closing route it governs",
    "counts": {
     "striking-off": 3,
     "dissolution": 1,
     "regulated-firm": 1,
     "creditors-winding-up": 1,
     "before-liquidator": 1,
     "members-winding-up": 1,
     "administration": 1
    },
    "values": [
     {
      "value": "striking-off",
      "text": "striking the company off the register"
     },
     {
      "value": "members-winding-up",
      "text": "a members' voluntary winding up"
     },
     {
      "value": "creditors-winding-up",
      "text": "a creditors' voluntary winding up"
     },
     {
      "value": "before-liquidator",
      "text": "a voluntary winding up before a liquidator is appointed"
     },
     {
      "value": "administration",
      "text": "administration"
     },
     {
      "value": "dissolution",
      "text": "a company once dissolved"
     },
     {
      "value": "regulated-firm",
      "text": "a firm the FCA regulates"
     }
    ]
   },
   {
    "id": "decides",
    "label": "Who it gives the say over the company's property",
    "counts": {
     "directors": 3,
     "crown": 1,
     "firm": 1,
     "liquidator": 2,
     "court": 1,
     "administrator": 1
    },
    "values": [
     {
      "value": "directors",
      "text": "the directors"
     },
     {
      "value": "liquidator",
      "text": "the liquidator, or whoever sanctions the directors' powers"
     },
     {
      "value": "administrator",
      "text": "the administrator"
     },
     {
      "value": "court",
      "text": "the court"
     },
     {
      "value": "crown",
      "text": "the Crown, as bona vacantia"
     },
     {
      "value": "firm",
      "text": "the firm itself, under the regulator's rules"
     }
    ]
   },
   {
    "id": "clause",
    "label": "The rule, in its words",
    "counts": {
     "stated": 9
    },
    "values": [
     {
      "value": "stated",
      "text": "stated"
     }
    ],
    "clause": true
   }
  ],
  "lead": {
   "type": "count",
   "field": null,
   "value": null,
   "n": 9,
   "of": 9,
   "label": "Rules read on closing a company"
  },
  "vendors": [
   {
    "name": "Companies Act 2006, s.1003",
    "answers": {
     "route": {
      "value": "striking-off",
      "text": "striking the company off the register",
      "documents": [
       {
        "document": "section 1003 (striking off on application by company)",
        "url": "https://www.legislation.gov.uk/ukpga/2006/46/section/1003",
        "value": "striking-off",
        "quote": "On application by a company, the registrar of companies may strike the company's name off the register."
       }
      ]
     },
     "decides": {
      "value": "directors",
      "text": "the directors",
      "documents": [
       {
        "document": "section 1003 (striking off on application by company)",
        "url": "https://www.legislation.gov.uk/ukpga/2006/46/section/1003",
        "value": "directors",
        "quote": "must be made on the company's behalf by its directors or by a majority of them, and"
       }
      ]
     },
     "clause": {
      "value": "stated",
      "text": "must be made on the company's behalf by its directors or by a majority of them, and",
      "documents": [
       {
        "document": "section 1003 (striking off on application by company)",
        "url": "https://www.legislation.gov.uk/ukpga/2006/46/section/1003",
        "value": "stated",
        "quote": "must be made on the company's behalf by its directors or by a majority of them, and"
       }
      ]
     }
    }
   },
   {
    "name": "Companies Act 2006, s.1004",
    "answers": {
     "route": {
      "value": "striking-off",
      "text": "striking the company off the register",
      "documents": [
       {
        "document": "section 1004 (circumstances in which application not to be made: activities of company)",
        "url": "https://www.legislation.gov.uk/ukpga/2006/46/section/1004",
        "value": "striking-off",
        "quote": "An application under section 1003 (application for voluntary striking off) on behalf of a company must not be made if, at any time in the previous three months, the company has"
       }
      ]
     },
     "decides": {
      "value": "directors",
      "text": "the directors",
      "documents": [
       {
        "document": "section 1004 (circumstances in which application not to be made: activities of company)",
        "url": "https://www.legislation.gov.uk/ukpga/2006/46/section/1004",
        "value": "directors",
        "quote": "An application under section 1003 (application for voluntary striking off) on behalf of a company must not be made if, at any time in the previous three months, the company has"
       }
      ]
     },
     "clause": {
      "value": "stated",
      "text": "made a disposal for value of property or rights that, immediately before ceasing to trade…",
      "documents": [
       {
        "document": "section 1004 (circumstances in which application not to be made: activities of company)",
        "url": "https://www.legislation.gov.uk/ukpga/2006/46/section/1004",
        "value": "stated",
        "quote": "made a disposal for value of property or rights that, immediately before ceasing to trade or otherwise carry on business, it held for the purpose of disposal for gain in the normal course of trading or otherwise carrying on business, or"
       }
      ]
     }
    }
   },
   {
    "name": "Companies Act 2006, s.1012",
    "answers": {
     "route": {
      "value": "dissolution",
      "text": "a company once dissolved",
      "documents": [
       {
        "document": "section 1012 (property of dissolved company to be bona vacantia)",
        "url": "https://www.legislation.gov.uk/ukpga/2006/46/section/1012",
        "value": "dissolution",
        "quote": "When a company is dissolved, all property and rights whatsoever vested in or held on trust for the company immediately before its dissolution"
       }
      ]
     },
     "decides": {
      "value": "crown",
      "text": "the Crown, as bona vacantia",
      "documents": [
       {
        "document": "section 1012 (property of dissolved company to be bona vacantia)",
        "url": "https://www.legislation.gov.uk/ukpga/2006/46/section/1012",
        "value": "crown",
        "quote": "vest and may be dealt with in the same manner as other bona vacantia accruing to the Crown, to the Duchy of Lancaster or to the Duke of Cornwall."
       }
      ]
     },
     "clause": {
      "value": "stated",
      "text": "When a company is dissolved, all property and rights whatsoever vested in or held on…",
      "documents": [
       {
        "document": "section 1012 (property of dissolved company to be bona vacantia)",
        "url": "https://www.legislation.gov.uk/ukpga/2006/46/section/1012",
        "value": "stated",
        "quote": "When a company is dissolved, all property and rights whatsoever vested in or held on trust for the company immediately before its dissolution (including leasehold property, but not including property held by the company on trust for another person) are deemed to be bona vacantia and"
       }
      ]
     }
    }
   },
   {
    "name": "FCA Handbook, SYSC 9.1",
    "answers": {
     "route": {
      "value": "regulated-firm",
      "text": "a firm the FCA regulates",
      "documents": [
       {
        "document": "SYSC 9.1 General rules on record-keeping",
        "url": "https://www.handbook.fca.org.uk/handbook/SYSC/9/1.html",
        "value": "regulated-firm",
        "quote": "must arrange for orderly records to be kept of its business and internal organisation, including all services and transactions undertaken by it"
       }
      ]
     },
     "decides": {
      "value": "firm",
      "text": "the firm itself, under the regulator's rules",
      "documents": [
       {
        "document": "SYSC 9.1 General rules on record-keeping",
        "url": "https://www.handbook.fca.org.uk/handbook/SYSC/9/1.html",
        "value": "firm",
        "quote": "must arrange for orderly records to be kept of its business and internal organisation, including all services and transactions undertaken by it"
       }
      ]
     },
     "clause": {
      "value": "stated",
      "text": "must arrange for orderly records to be kept of its business and internal organisation…",
      "documents": [
       {
        "document": "SYSC 9.1 General rules on record-keeping",
        "url": "https://www.handbook.fca.org.uk/handbook/SYSC/9/1.html",
        "value": "stated",
        "quote": "must arrange for orderly records to be kept of its business and internal organisation, including all services and transactions undertaken by it"
       }
      ]
     }
    }
   },
   {
    "name": "GOV.UK, strike off your limited company",
    "answers": {
     "route": {
      "value": "striking-off",
      "text": "striking the company off the register",
      "documents": [
       {
        "document": "Strike off your limited company from the Companies Register",
        "url": "https://www.gov.uk/strike-off-your-company-from-companies-register",
        "value": "striking-off",
        "quote": "You can close down your limited company by getting it ‘struck off’ the Companies Register."
       }
      ]
     },
     "decides": {
      "value": "directors",
      "text": "the directors",
      "documents": [
       {
        "document": "Strike off your limited company from the Companies Register",
        "url": "https://www.gov.uk/strike-off-your-company-from-companies-register",
        "value": "directors",
        "quote": "You can close down your limited company by getting it ‘struck off’ the Companies Register."
       }
      ]
     },
     "clause": {
      "value": "stated",
      "text": "has not traded or sold off any stock in the last 3 months",
      "documents": [
       {
        "document": "Strike off your limited company from the Companies Register",
        "url": "https://www.gov.uk/strike-off-your-company-from-companies-register",
        "value": "stated",
        "quote": "has not traded or sold off any stock in the last 3 months"
       }
      ]
     }
    }
   },
   {
    "name": "Insolvency Act 1986, s.103",
    "answers": {
     "route": {
      "value": "creditors-winding-up",
      "text": "a creditors' voluntary winding up",
      "documents": [
       {
        "document": "section 103 (cesser of directors' powers)",
        "url": "https://www.legislation.gov.uk/ukpga/1986/45/section/103",
        "value": "creditors-winding-up",
        "quote": "On the appointment of a liquidator, all the powers of the directors cease, except so far as the liquidation committee (or, if there is no such committee, the creditors) sanction their continuance."
       }
      ]
     },
     "decides": {
      "value": "liquidator",
      "text": "the liquidator, or whoever sanctions the directors' powers",
      "documents": [
       {
        "document": "section 103 (cesser of directors' powers)",
        "url": "https://www.legislation.gov.uk/ukpga/1986/45/section/103",
        "value": "liquidator",
        "quote": "On the appointment of a liquidator, all the powers of the directors cease, except so far as the liquidation committee (or, if there is no such committee, the creditors) sanction their continuance."
       }
      ]
     },
     "clause": {
      "value": "stated",
      "text": "On the appointment of a liquidator, all the powers of the directors cease, except so far…",
      "documents": [
       {
        "document": "section 103 (cesser of directors' powers)",
        "url": "https://www.legislation.gov.uk/ukpga/1986/45/section/103",
        "value": "stated",
        "quote": "On the appointment of a liquidator, all the powers of the directors cease, except so far as the liquidation committee (or, if there is no such committee, the creditors) sanction their continuance."
       }
      ]
     }
    }
   },
   {
    "name": "Insolvency Act 1986, s.114",
    "answers": {
     "route": {
      "value": "before-liquidator",
      "text": "a voluntary winding up before a liquidator is appointed",
      "documents": [
       {
        "document": "section 114 (no liquidator appointed or nominated by company)",
        "url": "https://www.legislation.gov.uk/ukpga/1986/45/section/114",
        "value": "before-liquidator",
        "quote": "This section applies where, in the case of a voluntary winding up, no liquidator has been appointed or nominated by the company."
       }
      ]
     },
     "decides": {
      "value": "court",
      "text": "the court",
      "documents": [
       {
        "document": "section 114 (no liquidator appointed or nominated by company)",
        "url": "https://www.legislation.gov.uk/ukpga/1986/45/section/114",
        "value": "court",
        "quote": "The powers of the directors shall not be exercised, except with the sanction of the court"
       }
      ]
     },
     "clause": {
      "value": "stated",
      "text": "The powers of the directors shall not be exercised, except with the sanction of the court",
      "documents": [
       {
        "document": "section 114 (no liquidator appointed or nominated by company)",
        "url": "https://www.legislation.gov.uk/ukpga/1986/45/section/114",
        "value": "stated",
        "quote": "The powers of the directors shall not be exercised, except with the sanction of the court"
       }
      ]
     }
    }
   },
   {
    "name": "Insolvency Act 1986, s.91",
    "answers": {
     "route": {
      "value": "members-winding-up",
      "text": "a members' voluntary winding up",
      "documents": [
       {
        "document": "section 91 (appointment of liquidator in a members' voluntary winding up)",
        "url": "https://www.legislation.gov.uk/ukpga/1986/45/section/91",
        "value": "members-winding-up",
        "quote": "In a members’ voluntary winding up, the company in general meeting shall appoint one or more liquidators for the purpose of winding up the company’s affairs and distributing its assets."
       }
      ]
     },
     "decides": {
      "value": "liquidator",
      "text": "the liquidator, or whoever sanctions the directors' powers",
      "documents": [
       {
        "document": "section 91 (appointment of liquidator in a members' voluntary winding up)",
        "url": "https://www.legislation.gov.uk/ukpga/1986/45/section/91",
        "value": "liquidator",
        "quote": "On the appointment of a liquidator all the powers of the directors cease, except so far as the company in general meeting or the liquidator sanctions their continuance."
       }
      ]
     },
     "clause": {
      "value": "stated",
      "text": "On the appointment of a liquidator all the powers of the directors cease, except so far…",
      "documents": [
       {
        "document": "section 91 (appointment of liquidator in a members' voluntary winding up)",
        "url": "https://www.legislation.gov.uk/ukpga/1986/45/section/91",
        "value": "stated",
        "quote": "On the appointment of a liquidator all the powers of the directors cease, except so far as the company in general meeting or the liquidator sanctions their continuance."
       }
      ]
     }
    }
   },
   {
    "name": "Insolvency Act 1986, Schedule B1, paragraph 64",
    "answers": {
     "route": {
      "value": "administration",
      "text": "administration",
      "documents": [
       {
        "document": "Schedule B1 (administration), paragraph 64",
        "url": "https://www.legislation.gov.uk/ukpga/1986/45/schedule/B1",
        "value": "administration",
        "quote": "A company in administration or an officer of a company in administration may not exercise a management power without the consent of the administrator."
       }
      ]
     },
     "decides": {
      "value": "administrator",
      "text": "the administrator",
      "documents": [
       {
        "document": "Schedule B1 (administration), paragraph 64",
        "url": "https://www.legislation.gov.uk/ukpga/1986/45/schedule/B1",
        "value": "administrator",
        "quote": "A company in administration or an officer of a company in administration may not exercise a management power without the consent of the administrator."
       }
      ]
     },
     "clause": {
      "value": "stated",
      "text": "A company in administration or an officer of a company in administration may not exercise…",
      "documents": [
       {
        "document": "Schedule B1 (administration), paragraph 64",
        "url": "https://www.legislation.gov.uk/ukpga/1986/45/schedule/B1",
        "value": "stated",
        "quote": "A company in administration or an officer of a company in administration may not exercise a management power without the consent of the administrator."
       }
      ]
     }
    }
   }
  ]
 },
 "subject_kind": "rule",
 "rows": [
  {
   "subject": "Companies Act 2006, s.1003",
   "url": "https://www.legislation.gov.uk/ukpga/2006/46/section/1003",
   "document": "section 1003 (striking off on application by company)",
   "question": "route",
   "answer": "striking-off",
   "answer_text": "striking the company off the register",
   "status": "stated",
   "retrieved_at": "2026-10-28",
   "quote": "On application by a company, the registrar of companies may strike the company's name off the register.",
   "text_sha256": "41e986df00939e754d7a71e9d5df9752fc8fd9ad7c8d55fa24ef82dece08003e"
  },
  {
   "subject": "Companies Act 2006, s.1003",
   "url": "https://www.legislation.gov.uk/ukpga/2006/46/section/1003",
   "document": "section 1003 (striking off on application by company)",
   "question": "decides",
   "answer": "directors",
   "answer_text": "the directors",
   "status": "stated",
   "retrieved_at": "2026-10-28",
   "quote": "must be made on the company's behalf by its directors or by a majority of them, and",
   "text_sha256": "41e986df00939e754d7a71e9d5df9752fc8fd9ad7c8d55fa24ef82dece08003e"
  },
  {
   "subject": "Companies Act 2006, s.1003",
   "url": "https://www.legislation.gov.uk/ukpga/2006/46/section/1003",
   "document": "section 1003 (striking off on application by company)",
   "question": "clause",
   "answer": "stated",
   "answer_text": "must be made on the company's behalf by its directors or by a majority of them, and",
   "status": "stated",
   "retrieved_at": "2026-10-28",
   "quote": "must be made on the company's behalf by its directors or by a majority of them, and",
   "text_sha256": "41e986df00939e754d7a71e9d5df9752fc8fd9ad7c8d55fa24ef82dece08003e"
  },
  {
   "subject": "Companies Act 2006, s.1004",
   "url": "https://www.legislation.gov.uk/ukpga/2006/46/section/1004",
   "document": "section 1004 (circumstances in which application not to be made: activities of company)",
   "question": "route",
   "answer": "striking-off",
   "answer_text": "striking the company off the register",
   "status": "stated",
   "retrieved_at": "2026-10-28",
   "quote": "An application under section 1003 (application for voluntary striking off) on behalf of a company must not be made if, at any time in the previous three months, the company has",
   "text_sha256": "2953717256a99efa35faa53d1cba55758168edf5e2bbd16259608071f887852b"
  },
  {
   "subject": "Companies Act 2006, s.1004",
   "url": "https://www.legislation.gov.uk/ukpga/2006/46/section/1004",
   "document": "section 1004 (circumstances in which application not to be made: activities of company)",
   "question": "decides",
   "answer": "directors",
   "answer_text": "the directors",
   "status": "stated",
   "retrieved_at": "2026-10-28",
   "quote": "An application under section 1003 (application for voluntary striking off) on behalf of a company must not be made if, at any time in the previous three months, the company has",
   "text_sha256": "2953717256a99efa35faa53d1cba55758168edf5e2bbd16259608071f887852b"
  },
  {
   "subject": "Companies Act 2006, s.1004",
   "url": "https://www.legislation.gov.uk/ukpga/2006/46/section/1004",
   "document": "section 1004 (circumstances in which application not to be made: activities of company)",
   "question": "clause",
   "answer": "stated",
   "answer_text": "made a disposal for value of property or rights that, immediately before ceasing to trade…",
   "status": "stated",
   "retrieved_at": "2026-10-28",
   "quote": "made a disposal for value of property or rights that, immediately before ceasing to trade or otherwise carry on business, it held for the purpose of disposal for gain in the normal course of trading or otherwise carrying on business, or",
   "text_sha256": "2953717256a99efa35faa53d1cba55758168edf5e2bbd16259608071f887852b"
  },
  {
   "subject": "Companies Act 2006, s.1012",
   "url": "https://www.legislation.gov.uk/ukpga/2006/46/section/1012",
   "document": "section 1012 (property of dissolved company to be bona vacantia)",
   "question": "route",
   "answer": "dissolution",
   "answer_text": "a company once dissolved",
   "status": "stated",
   "retrieved_at": "2026-10-28",
   "quote": "When a company is dissolved, all property and rights whatsoever vested in or held on trust for the company immediately before its dissolution",
   "text_sha256": "9fba063b87cb3200576c1310c1ef50622035af603c7c71ae39bf34c3f8e73643"
  },
  {
   "subject": "Companies Act 2006, s.1012",
   "url": "https://www.legislation.gov.uk/ukpga/2006/46/section/1012",
   "document": "section 1012 (property of dissolved company to be bona vacantia)",
   "question": "decides",
   "answer": "crown",
   "answer_text": "the Crown, as bona vacantia",
   "status": "stated",
   "retrieved_at": "2026-10-28",
   "quote": "vest and may be dealt with in the same manner as other bona vacantia accruing to the Crown, to the Duchy of Lancaster or to the Duke of Cornwall.",
   "text_sha256": "9fba063b87cb3200576c1310c1ef50622035af603c7c71ae39bf34c3f8e73643"
  },
  {
   "subject": "Companies Act 2006, s.1012",
   "url": "https://www.legislation.gov.uk/ukpga/2006/46/section/1012",
   "document": "section 1012 (property of dissolved company to be bona vacantia)",
   "question": "clause",
   "answer": "stated",
   "answer_text": "When a company is dissolved, all property and rights whatsoever vested in or held on…",
   "status": "stated",
   "retrieved_at": "2026-10-28",
   "quote": "When a company is dissolved, all property and rights whatsoever vested in or held on trust for the company immediately before its dissolution (including leasehold property, but not including property held by the company on trust for another person) are deemed to be bona vacantia and",
   "text_sha256": "9fba063b87cb3200576c1310c1ef50622035af603c7c71ae39bf34c3f8e73643"
  },
  {
   "subject": "FCA Handbook, SYSC 9.1",
   "url": "https://www.handbook.fca.org.uk/handbook/SYSC/9/1.html",
   "document": "SYSC 9.1 General rules on record-keeping",
   "question": "route",
   "answer": "regulated-firm",
   "answer_text": "a firm the FCA regulates",
   "status": "stated",
   "retrieved_at": "2026-10-08",
   "quote": "must arrange for orderly records to be kept of its business and internal organisation, including all services and transactions undertaken by it",
   "text_sha256": "19c100f438ea81d45094a2ff12f50570dea504028a1d10e56640a22555645b48"
  },
  {
   "subject": "FCA Handbook, SYSC 9.1",
   "url": "https://www.handbook.fca.org.uk/handbook/SYSC/9/1.html",
   "document": "SYSC 9.1 General rules on record-keeping",
   "question": "decides",
   "answer": "firm",
   "answer_text": "the firm itself, under the regulator's rules",
   "status": "stated",
   "retrieved_at": "2026-10-08",
   "quote": "must arrange for orderly records to be kept of its business and internal organisation, including all services and transactions undertaken by it",
   "text_sha256": "19c100f438ea81d45094a2ff12f50570dea504028a1d10e56640a22555645b48"
  },
  {
   "subject": "FCA Handbook, SYSC 9.1",
   "url": "https://www.handbook.fca.org.uk/handbook/SYSC/9/1.html",
   "document": "SYSC 9.1 General rules on record-keeping",
   "question": "clause",
   "answer": "stated",
   "answer_text": "must arrange for orderly records to be kept of its business and internal organisation…",
   "status": "stated",
   "retrieved_at": "2026-10-08",
   "quote": "must arrange for orderly records to be kept of its business and internal organisation, including all services and transactions undertaken by it",
   "text_sha256": "19c100f438ea81d45094a2ff12f50570dea504028a1d10e56640a22555645b48"
  },
  {
   "subject": "GOV.UK, strike off your limited company",
   "url": "https://www.gov.uk/strike-off-your-company-from-companies-register",
   "document": "Strike off your limited company from the Companies Register",
   "question": "route",
   "answer": "striking-off",
   "answer_text": "striking the company off the register",
   "status": "stated",
   "retrieved_at": "2026-10-08",
   "quote": "You can close down your limited company by getting it ‘struck off’ the Companies Register.",
   "text_sha256": "9a076c574ffd72e7bec75a3ac2faf7864c5e7d7f766bb383626c722a92048119"
  },
  {
   "subject": "GOV.UK, strike off your limited company",
   "url": "https://www.gov.uk/strike-off-your-company-from-companies-register",
   "document": "Strike off your limited company from the Companies Register",
   "question": "decides",
   "answer": "directors",
   "answer_text": "the directors",
   "status": "stated",
   "retrieved_at": "2026-10-08",
   "quote": "You can close down your limited company by getting it ‘struck off’ the Companies Register.",
   "text_sha256": "9a076c574ffd72e7bec75a3ac2faf7864c5e7d7f766bb383626c722a92048119"
  },
  {
   "subject": "GOV.UK, strike off your limited company",
   "url": "https://www.gov.uk/strike-off-your-company-from-companies-register",
   "document": "Strike off your limited company from the Companies Register",
   "question": "clause",
   "answer": "stated",
   "answer_text": "has not traded or sold off any stock in the last 3 months",
   "status": "stated",
   "retrieved_at": "2026-10-08",
   "quote": "has not traded or sold off any stock in the last 3 months",
   "text_sha256": "9a076c574ffd72e7bec75a3ac2faf7864c5e7d7f766bb383626c722a92048119"
  },
  {
   "subject": "Insolvency Act 1986, s.103",
   "url": "https://www.legislation.gov.uk/ukpga/1986/45/section/103",
   "document": "section 103 (cesser of directors' powers)",
   "question": "route",
   "answer": "creditors-winding-up",
   "answer_text": "a creditors' voluntary winding up",
   "status": "stated",
   "retrieved_at": "2026-10-28",
   "quote": "On the appointment of a liquidator, all the powers of the directors cease, except so far as the liquidation committee (or, if there is no such committee, the creditors) sanction their continuance.",
   "text_sha256": "227e3b2ce0ca66d2dc34793840ac4965487f6ac844d55dc9ceb54297b9961667"
  },
  {
   "subject": "Insolvency Act 1986, s.103",
   "url": "https://www.legislation.gov.uk/ukpga/1986/45/section/103",
   "document": "section 103 (cesser of directors' powers)",
   "question": "decides",
   "answer": "liquidator",
   "answer_text": "the liquidator, or whoever sanctions the directors' powers",
   "status": "stated",
   "retrieved_at": "2026-10-28",
   "quote": "On the appointment of a liquidator, all the powers of the directors cease, except so far as the liquidation committee (or, if there is no such committee, the creditors) sanction their continuance.",
   "text_sha256": "227e3b2ce0ca66d2dc34793840ac4965487f6ac844d55dc9ceb54297b9961667"
  },
  {
   "subject": "Insolvency Act 1986, s.103",
   "url": "https://www.legislation.gov.uk/ukpga/1986/45/section/103",
   "document": "section 103 (cesser of directors' powers)",
   "question": "clause",
   "answer": "stated",
   "answer_text": "On the appointment of a liquidator, all the powers of the directors cease, except so far…",
   "status": "stated",
   "retrieved_at": "2026-10-28",
   "quote": "On the appointment of a liquidator, all the powers of the directors cease, except so far as the liquidation committee (or, if there is no such committee, the creditors) sanction their continuance.",
   "text_sha256": "227e3b2ce0ca66d2dc34793840ac4965487f6ac844d55dc9ceb54297b9961667"
  },
  {
   "subject": "Insolvency Act 1986, s.114",
   "url": "https://www.legislation.gov.uk/ukpga/1986/45/section/114",
   "document": "section 114 (no liquidator appointed or nominated by company)",
   "question": "route",
   "answer": "before-liquidator",
   "answer_text": "a voluntary winding up before a liquidator is appointed",
   "status": "stated",
   "retrieved_at": "2026-10-28",
   "quote": "This section applies where, in the case of a voluntary winding up, no liquidator has been appointed or nominated by the company.",
   "text_sha256": "332c99c2cfab5df9044bbe0b1fbf69e27918c13efc282fa6d906614c8170c01d"
  },
  {
   "subject": "Insolvency Act 1986, s.114",
   "url": "https://www.legislation.gov.uk/ukpga/1986/45/section/114",
   "document": "section 114 (no liquidator appointed or nominated by company)",
   "question": "decides",
   "answer": "court",
   "answer_text": "the court",
   "status": "stated",
   "retrieved_at": "2026-10-28",
   "quote": "The powers of the directors shall not be exercised, except with the sanction of the court",
   "text_sha256": "332c99c2cfab5df9044bbe0b1fbf69e27918c13efc282fa6d906614c8170c01d"
  },
  {
   "subject": "Insolvency Act 1986, s.114",
   "url": "https://www.legislation.gov.uk/ukpga/1986/45/section/114",
   "document": "section 114 (no liquidator appointed or nominated by company)",
   "question": "clause",
   "answer": "stated",
   "answer_text": "The powers of the directors shall not be exercised, except with the sanction of the court",
   "status": "stated",
   "retrieved_at": "2026-10-28",
   "quote": "The powers of the directors shall not be exercised, except with the sanction of the court",
   "text_sha256": "332c99c2cfab5df9044bbe0b1fbf69e27918c13efc282fa6d906614c8170c01d"
  },
  {
   "subject": "Insolvency Act 1986, s.91",
   "url": "https://www.legislation.gov.uk/ukpga/1986/45/section/91",
   "document": "section 91 (appointment of liquidator in a members' voluntary winding up)",
   "question": "route",
   "answer": "members-winding-up",
   "answer_text": "a members' voluntary winding up",
   "status": "stated",
   "retrieved_at": "2026-10-28",
   "quote": "In a members’ voluntary winding up, the company in general meeting shall appoint one or more liquidators for the purpose of winding up the company’s affairs and distributing its assets.",
   "text_sha256": "164c75ecdeebaa942c0ea44f3c50abca94b4a7b08e7db199f41b5ac31029f3db"
  },
  {
   "subject": "Insolvency Act 1986, s.91",
   "url": "https://www.legislation.gov.uk/ukpga/1986/45/section/91",
   "document": "section 91 (appointment of liquidator in a members' voluntary winding up)",
   "question": "decides",
   "answer": "liquidator",
   "answer_text": "the liquidator, or whoever sanctions the directors' powers",
   "status": "stated",
   "retrieved_at": "2026-10-28",
   "quote": "On the appointment of a liquidator all the powers of the directors cease, except so far as the company in general meeting or the liquidator sanctions their continuance.",
   "text_sha256": "164c75ecdeebaa942c0ea44f3c50abca94b4a7b08e7db199f41b5ac31029f3db"
  },
  {
   "subject": "Insolvency Act 1986, s.91",
   "url": "https://www.legislation.gov.uk/ukpga/1986/45/section/91",
   "document": "section 91 (appointment of liquidator in a members' voluntary winding up)",
   "question": "clause",
   "answer": "stated",
   "answer_text": "On the appointment of a liquidator all the powers of the directors cease, except so far…",
   "status": "stated",
   "retrieved_at": "2026-10-28",
   "quote": "On the appointment of a liquidator all the powers of the directors cease, except so far as the company in general meeting or the liquidator sanctions their continuance.",
   "text_sha256": "164c75ecdeebaa942c0ea44f3c50abca94b4a7b08e7db199f41b5ac31029f3db"
  },
  {
   "subject": "Insolvency Act 1986, Schedule B1, paragraph 64",
   "url": "https://www.legislation.gov.uk/ukpga/1986/45/schedule/B1",
   "document": "Schedule B1 (administration), paragraph 64",
   "question": "route",
   "answer": "administration",
   "answer_text": "administration",
   "status": "stated",
   "retrieved_at": "2026-10-08",
   "quote": "A company in administration or an officer of a company in administration may not exercise a management power without the consent of the administrator.",
   "text_sha256": "a1184a6b8269b9a54a6c2c1b086aefb8f4ab2851d6cffa9142bafa50d6ebc62c"
  },
  {
   "subject": "Insolvency Act 1986, Schedule B1, paragraph 64",
   "url": "https://www.legislation.gov.uk/ukpga/1986/45/schedule/B1",
   "document": "Schedule B1 (administration), paragraph 64",
   "question": "decides",
   "answer": "administrator",
   "answer_text": "the administrator",
   "status": "stated",
   "retrieved_at": "2026-10-08",
   "quote": "A company in administration or an officer of a company in administration may not exercise a management power without the consent of the administrator.",
   "text_sha256": "a1184a6b8269b9a54a6c2c1b086aefb8f4ab2851d6cffa9142bafa50d6ebc62c"
  },
  {
   "subject": "Insolvency Act 1986, Schedule B1, paragraph 64",
   "url": "https://www.legislation.gov.uk/ukpga/1986/45/schedule/B1",
   "document": "Schedule B1 (administration), paragraph 64",
   "question": "clause",
   "answer": "stated",
   "answer_text": "A company in administration or an officer of a company in administration may not exercise…",
   "status": "stated",
   "retrieved_at": "2026-10-08",
   "quote": "A company in administration or an officer of a company in administration may not exercise a management power without the consent of the administrator.",
   "text_sha256": "a1184a6b8269b9a54a6c2c1b086aefb8f4ab2851d6cffa9142bafa50d6ebc62c"
  }
 ],
 "sources": [
  {
   "url": "https://www.legislation.gov.uk/ukpga/2006/46/section/1003",
   "label": "Companies Act 2006, s.1003 (application for voluntary striking off)",
   "license": "quoted for reporting from the publisher's UK statutes, the FCA Handbook and GOV.UK guidance",
   "class": "primary-government",
   "status": "read"
  },
  {
   "url": "https://www.legislation.gov.uk/ukpga/2006/46/section/1004",
   "label": "Companies Act 2006, s.1004 (no application after trading or a disposal for value in the previous three months)",
   "license": "quoted for reporting from the publisher's UK statutes, the FCA Handbook and GOV.UK guidance",
   "class": "primary-government",
   "status": "read"
  },
  {
   "url": "https://www.legislation.gov.uk/ukpga/2006/46/section/1012",
   "label": "Companies Act 2006, s.1012 (property of a dissolved company is bona vacantia)",
   "license": "quoted for reporting from the publisher's UK statutes, the FCA Handbook and GOV.UK guidance",
   "class": "primary-government",
   "status": "read"
  },
  {
   "url": "https://www.legislation.gov.uk/ukpga/1986/45/section/91",
   "label": "Insolvency Act 1986, s.91 (members' voluntary winding up: the directors' powers cease)",
   "license": "quoted for reporting from the publisher's UK statutes, the FCA Handbook and GOV.UK guidance",
   "class": "primary-government",
   "status": "read"
  },
  {
   "url": "https://www.legislation.gov.uk/ukpga/1986/45/section/103",
   "label": "Insolvency Act 1986, s.103 (creditors' voluntary winding up: the directors' powers cease)",
   "license": "quoted for reporting from the publisher's UK statutes, the FCA Handbook and GOV.UK guidance",
   "class": "primary-government",
   "status": "read"
  },
  {
   "url": "https://www.legislation.gov.uk/ukpga/1986/45/section/114",
   "label": "Insolvency Act 1986, s.114 (no liquidator yet: the directors' powers restricted)",
   "license": "quoted for reporting from the publisher's UK statutes, the FCA Handbook and GOV.UK guidance",
   "class": "primary-government",
   "status": "read"
  },
  {
   "url": "https://www.legislation.gov.uk/ukpga/1986/45/schedule/B1",
   "label": "Insolvency Act 1986, Schedule B1 (administration: an officer's management powers need the administrator's consent)",
   "license": "quoted for reporting from the publisher's UK statutes, the FCA Handbook and GOV.UK guidance",
   "class": "primary-government",
   "status": "read"
  },
  {
   "url": "https://www.gov.uk/strike-off-your-company-from-companies-register",
   "label": "GOV.UK, Strike off your limited company from the Companies Register",
   "license": "quoted for reporting from the publisher's UK statutes, the FCA Handbook and GOV.UK guidance",
   "class": "primary-government",
   "status": "read"
  },
  {
   "url": "https://www.handbook.fca.org.uk/handbook/SYSC/9/1.html",
   "label": "FCA Handbook, SYSC 9.1 (general rules on record-keeping)",
   "license": "quoted for reporting from the publisher's UK statutes, the FCA Handbook and GOV.UK guidance",
   "class": "primary-government",
   "status": "read"
  }
 ],
 "methodology": "Each rule's own UK statutes, the FCA Handbook and GOV.UK guidance were read through estate-fetch and stored whole (sha256 on every row). For every statute, regulator or GOV.UK page, three questions were answered from its own words: the closing route it governs, who it gives the say over the company's property, the rule, in its words. Every stated answer carries the sentence it rests on, checked against the stored text; 'not stated' means the statute, regulator or GOV.UK page read does not address the question. A rule with several statute, regulator and GOV.UK pages reads 'varies' where they disagree. 9 rules, 9 statute, regulator and GOV.UK pages.",
 "embed": "<figure style=\"margin:0;padding:16px;border:1px solid #d0d0d0;background:#ffffff\"><blockquote style=\"margin:0 0 8px;background:#ffffff\">9 UK rules on who decides about a closing company's property and records, each quoted from the statute, the regulator or GOV.UK, read 28 October 2026.</blockquote><figcaption style=\"background:#ffffff\"><a href=\"https://sellcompanyrecordstoai.com/datasets/company-closing-powers-law/\" style=\"background:#ffffff\">Who decides about a closing company's records, sellcompanyrecordstoai.com</a></figcaption></figure>"
}
