In force2022 Revised EditionCurrent version · 2022 Revised EditionSee versions on Attorney General's Chambers(opens the publisher’s site)
Insolvency Act · 2022 Revised Edition · Chapter V
Insolvency Act · 2022 Revised Edition · Chapter V
Official textFrom Attorney General's Chambers, unchanged
The voluntary winding up of a company does not bar the right of any creditor or contributory to have it wound up by the Court; but in the case of an application by a contributory, the Court must be satisfied that the rights of the contributories will be prejudiced by a voluntary winding up.
company
“company” means a company incorporated or registered under the Companies Act;
Insolvency 88
insolvency
“insolvency”, in relation to a company, includes the approval of a voluntary arrangement or the appointment of a judicial manager;
company
“company” means a company incorporated or registered under the Companies Act;
Court
“Court”, in relation to a company, means a court having jurisdiction to wind up the company;
insolvency
“insolvency”, in relation to a company, includes the approval of a voluntary arrangement or the appointment of a judicial manager;
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