The decision could mean that the Government is unlikely to see most of the £148 million owed to it by the company.
PPE Medpro, the company linked to Baroness Michelle Mone, has been wound up at a specialist companies court.
The decision, made by a judge at a hearing on Thursday, could mean that the Government is unlikely to see most of the £148 million owed to it by the company after it was found to have breached a contract to supply 25 million surgical gowns during the coronavirus pandemic.
PPE Medpro, a consortium led by Lady Mone’s husband, businessman Doug Barrowman, had been ordered to pay the sum after losing a High Court battle against the Department for Health and Social Care (DHSC) in October.
But it filed for…