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In force2022 Revised Edition
Contents

Part · Preliminary

4. Go into liquidation

For the purposes of this Act, a company goes into liquidation if —

(a)

it passes a resolution for voluntary winding up; or

Insolvency 22

(b)

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.

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