Section 100: Modes of winding up
consolidated text (as at 2017, amended since). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.
100. Modes of winding up
(1) The winding up of a company may be effected—
(a) by way of a winding up order made by the Court;
(b) by way of a voluntary winding up commenced by a resolution
passed by the company; or
(c) by way of a resolution of creditors passed at the watershed
meeting.
(2) A voluntary winding up may be—
(a) a creditors’ voluntary winding up where the company is insolvent and the liquidator is appointed by a meeting of creditors; or
(b) a shareholders’ voluntary winding up where the company is solvent and the liquidator is appointed by a shareholders’ meeting.
I14 – 59 [Issue 3]
Insolvency Act