If there is a consent order made between two companies and one of those companies ceases to trade, is the consent order still legal?

This was a consent order made in the UK between a UK company and one from the USA which had a subsidiary company in the UK registered as a FOC (Foreign Owned Company). It had a company registration number so that it could register for UK VAT and open a bank account.  But it did not have directors, shareholders or memorandum and articles of association. The consent order was between this UK subsidiary and a UK limited company.

The American company has now closed the UK company which signed the consent order.

Is the consent order still valid?

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Alasdair Taylor's Answer

You should ask a solicitor to review the consent order and to advise on this question.

Even if the order is no longer valid, there may be other approaches to getting a satisfactory resolution.

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