The Insolvency (Northern Ireland) Order 1989

Final meeting prior to dissolutionN.I.

80.—(1 )F1 As soon as the company's affairs are fully wound up, the liquidator shall make up an account of the winding up, showing how it has been conducted and the company's property has been disposed of, and thereupon shall call a general meeting of the company for the purpose of laying before it the account, and giving an explanation of it.

(2) The meeting shall be called by advertisement in the Belfast Gazette, specifying its time, place and object and published at least one month before the meeting.

(3) Within one week from the meeting, the liquidator shall send to the registrar a copy of the account, and shall make a return to him of the holding of the meeting and of its date.

F2(3A) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

F2(3B) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

(4) If the copy is not sent or the return is not made in accordance with paragraph (3), the liquidator shall be guilty of an offence and, for continued contravention, shall be guilty of a continuing offence.

(5) If a quorum is not present at the meeting, the liquidator shall, in lieu of the return mentioned in paragraph (3), make a return that the meeting was duly summoned and that no quorum was present;and upon such a return being made, the provisions of paragraph (3) as to the making of the return are deemed complied with.

F1(6 )F1 If the liquidator fails to call a general meeting of the company as required by paragraph (1), he shall be guilty of an offence.