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Where the Registrar is authorized by the Central Government to petition for winding up the company.Where the number of members of the company fall below the statutory minimum.
The insurance companies listing and ratings guide to the top 100 is purposely placed in alphabetical order instead of by premium or financial data. You may not agree completely with the listing, because we have left in some companies with a strong percentage of business sold in annuities, and investment products.In the eyes of a typical health and life broker, this guide is of health and life insurance companies is about as accurate as possible.
Companies House, which registers all companies in England and Wales requires only a few forms to begin, such as a memorandum of association, an articles of association and a few other documents. Please keep in mind that setting up a company brings on additional responsibilities that running a business alone don’t necessarily require. So you should be certain that setting up a company is the best option for proceeding in business.
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The length of time the company has been in business is also a good indicator of reputation. Companies with bad reputations generally don’t stay in business for very long, so a company that has been around for a long time would probably be a better choice than one that only started up recently.
If it appears to him either from the financial position of the company as disclosed in the balance sheet of the company or from the report of a special auditor or an inspector that the company is unable to pay its debts.