The Insolvency (Northern Ireland) Order 1989 No. 2405 (NI. 19)

PARTS II TO VII COMPANY INSOLVENCY; COMPANIES WINDING UP

PART V WINDING UP OF COMPANIES REGISTERED UNDER THE COMPANIES ORDERS

CHAPTER V PROVISIONS APPLYING TO BOTH KINDS OF VOLUNTARY WINDING UP

Saving for certain rights

101.  The voluntary winding up of a company does not bar the right of any creditor or contributory to have it wound up by the High 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.