Date-stamp loading
Version status: Repealed | Document consolidation status: Updated to reflect all known changes
Version date: 1 June 2015 - onwards
  Version 7 of 7    

213. Circumstances in which company may be wound up by the court.

Repealed from 1 June 2015

A company may be wound up by the court if -

(a) the company has by special resolution resolved that the company be wound up by the court;

(b) [deleted]

(c) the company does not commence its business within a year from its incorporation or suspends its business for a whole year;

(d) the number of members is reduced, in the case of a private company or an investment company (within the meaning of Part XIII of the Companies Act, 1990), below two, or, in the case of any other company, below seven;

(e) the company is unable to pay its debts;

(ea) the company is an SE, within the meaning of the European Communities (European Public Limited - Liability Company) Regulations 2007, that no longer complies with the requirements specified in Article 7 of Council Regulation (EC) No 2157/2001 on the Statute for a European company;

(f) the court is of opinion that it is just and equitable that the company, other than an investment company within the meaning of Part XIII of the Companies Act, 199

Comparing proposed amendment...