CASLP Ltd, Re [2025] EWHC 309 (Ch) (14 January 2025)

CASLP Limited has transferred all assets and liabilities to Countrywide Assured PLC, including any residual assets via a deed of sale and purchase, and regulatory approvals have been obtained; therefore, dissolution without winding up is appropriate under section 112(8)(b) FSMA.

Citation: [2025] EWHC 309 (Ch)
Parties: Applicant: CASLP Limited; Transferee: Countrywide Assured PLC
Jurisdiction: England and Wales
Judgment Date: 14 January 2025
Procedural Posture: Company Dissolution Application Under FSMA / Final Judgment on Application for Dissolution Without Winding Up
Outcome: Application granted; CASLP Limited dissolved without winding up.
Legal Topics: Dissolution Without Winding Up, Insurance Business Transfer Scheme, Regulatory Approvals

Company Law Financial Services Law Dissolution Without Winding Up Insurance Business Transfer Scheme Regulatory Approvals

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Parties

CASLP Limited

Applicant

Countrywide Assured PLC

Transferee

Procedural Posture

Company Dissolution Application Under FSMA / Final Judgment on Application for Dissolution Without Winding Up

Legal Issues

1 Whether CASLP Limited can be dissolved without winding up under section 112(8)(b) FSMA
2 Whether all assets and liabilities have been transferred to Countrywide Assured PLC

Ratio Decidendi

Court Disposition

Application granted; CASLP Limited dissolved without winding up.

Orders

CASLP Limited is dissolved without winding up pursuant to section 112(8)(b) FSMA