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In force2022 Revised Edition
Contents

Chapter VI

102. Petition for winding up on grounds of public interest

(1)

Where it appears to the Minister from —

(a)

any report made or information obtained relating to company investigations under this Act and the Companies Act

(Chapter 39);

(b)

any report, information or documents obtained under the

Securities Markets Order, 2013 (S 59/2013);

(c)

any information obtained under the Companies Act

(Chapter 39) relating to powers exercisable for purposes of assisting regulatory authorities outside Brunei Darussalam, that it is expedient in the public interest that a company should be wound up, he may present a petition for it to be wound up if the Court thinks it just and equitable for the company to be so.

(2)

This section does not apply if the company is already being wound up by the Court.

Report