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Insolvency Act · s 4
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Insolvency Act · s 4
Tell us what is wrong in this text. We check every suggestion against the official version before we change anything.
For the purposes of this Act, a company goes into liquidation if —
it passes a resolution for voluntary winding up; or
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an order for its winding up is made by the Court at a time when it has not already gone into liquidation by passing a resolution for voluntary winding up.