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Version status: Repealed | Document consolidation status: Updated to reflect all known changes
Version date: 1 April 1964 - onwards
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129. Circumstances in which company may be wound up by court.

Repealed from 1 April 1964

A company may be wound up by the court -

(i) if the company has by special resolution resolved that the company be wound up by the court:

(ii) if default is made in filing the statutory report or in holding the statutory meeting:

(iii) if the company does not commence its business within a year from its incorporation, or suspends its business for a whole year:

(iv) if the number of members is reduced, in the case of a private company, below two, or, in the case of any other company, below seven:

(v) if the company is unable to pay its debts:

(vi) if the court is of opinion that it is just and equitable that the company should be wound up.

Comparing proposed amendment...