advertised


advertised
Where a winding up petition has been issued by the court, the petition must be advertised in the Gazette. Once advertised the petition may not be withdrawn by the petitioning creditor, and the effect often prejudices the company's credit. The company can try to obtain an injunction to prevent the petition being advertised if it is to resist the petition (Rule 4.11 of the Winding Up Rules 1986).

Easyform Glossary of Law Terms. — UK law terms.