Companies that fail to comply with the FOSFA procedures (failure to take up an award) and/or do not honour awards against them (award of damages made against one party owed to another) can be ‘posted’ as defaulters under the Rules. FOSFA publishes a list of Posted Companies.
By the FOSFA Rules, this procedure is decided by the relevant Section Committee and ultimately the FOSFA Council and members of the Federation are notified by circular at the time of posting. The List of Posted Companies is published annually (available only to members):
FOSFA List of Posted Companies (December 2016)