Liquidation Notice under Section 204(6) or 205(6)
2 minutes
A Notice under Section 204(6) or 205(6) refers to a legal notice issued under the Companies Act 2006. These sections relate to the company’s requirement to provide notice to individuals whose details are registered with the company as having significant control (PSC) or as being a relevant legal entity (RLE).
Section 204(6) applies to companies that maintain a register of individuals with significant control (PSC register). A PSC is an individual who holds significant control or influence over the company, such as owning a substantial amount of shares or having significant voting rights. When changes occur in the PSC register, such as a new PSC being added or a PSC ceasing to have significant control, the company is required to issue a Notice under Section 204(6). This notice informs the affected individual about the change in their PSC status and provides relevant details.
Section 205(6) applies to companies that maintain a register of relevant legal entities (RLE register). An RLE is a legal entity, such as a company or a partnership, that holds significant control or influence over the company. Similar to the requirements under Section 204(6), when changes occur in the RLE register, the company is required to issue a Notice under Section 205(6) to the affected legal entity. This notice informs the legal entity about the change in their RLE status and provides relevant details.
The purpose of these notices is to ensure transparency and compliance with the requirements of the Companies Act 2006. By providing timely notice to individuals or legal entities with significant control or influence over the company, it allows them to be aware of any changes in their status and enables them to fulfill their legal obligations, such as updating their own records or notifying other relevant parties.
The content and specific requirements of the Notice under Section 204(6) or 205(6) may vary depending on the nature of the change in the PSC or RLE register. It is important for the recipients of these notices to review them carefully and take any necessary actions to ensure compliance with the Companies Act 2006.
These notices are filed with Companies House against the registered company number. All UK company liquidation notices and updates are tracked centrally by Doorda.