Winding up petition on Patisserie unit dismissed

FILE PHOTO: A sign is seen outside a branch of Patisserie Valerie in London, Britain, October 10, 2018. REUTERS/Simon Dawson/File Photo - Copyright Simon Dawson(Reuters)

By Reuters

Published on 24/10/2018 - 10:34•Updated 04/05/2024 - 17:36

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(Reuters) - The winding up petition against Patisserie Valerie owner Patisserie Holdings' <CAKEP.L> operating unit has been dismissed by the UK's High Court of Justice, Business and Property Courts the company said on Wednesday.

Britain's HM Revenue & Customs (HMRC) had filed a winding up petition against Stonebeach Limited, the main trading subsidiary of the cafe chain owner, over 1.14 million pounds the tax office says it is owed.

(Reporting by Shariq Khan in Bengaluru; editing by Patrick Graham)

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Iranian carpet shop owner Ali Faez works at his shop at the traditional bazaar of the city of Kashan, about 152 miles (245 km) south of the capital Tehran, Iran.

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Winding up petition on Patisserie unit dismissed

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