Holiday companies wound up on DTI petitions.

0 Comments | M2 Presswire, August, 2001

M2 PRESSWIRE-15 August 2001-UK Government: Holiday companies wound up on DTI petitions (C)1994-2001 M2 COMMUNICATIONS LTD RDATE:14082001 Expanding Horizons Limited and Vacation Travel Limited, two related companies, were wound-up in the High Court on 8 August 2001 on petitions of the Secretary of State for Trade and Industry presented in the public interest on 21 June 2001.

The petitions were presented following investigations carried out by the Department's Companies Investigation Branch (CIB) under section 447 of the Companies Act 1985. Expanding Horizons Limited traded as a marketing/promotions company offering "free" holidays to members of the public conditional on their paying a travel service arrangement fee and arranging their insurance...