

M.S. Webb & Co.
Maddison House
226 High Street
Croydon
Surrey CR9 1DF
Tel. 01883 625 005
Fax. 01883 625 859
Mobile. 07860 962 273
The Landlord Guide To Commercial Rent
Petition for compulsory liquidation is pending.
Can Landlord Forfeit?
Yes, either by proceedings or by peaceable re-entry, buy court may order a stay.
Can Landlord Distrain?
Cannot commence distress after petition presented. Distress commenced before petition was presented can be continued unless either the court orders a stay or a winding-up order is made. Proceeds of any distraint carried out during the three months prior to the winding-up order are charged for the benefit of potential creditors.