- Y Diweddaraf sydd Ar Gael (Diwygiedig)
- Pwynt Penodol mewn Amser (01/01/2006)
- Gwreiddiol (a wnaed Fel)
Version Superseded: 06/04/2008
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The Insolvency (Northern Ireland) Order 1989, Section 102 is up to date with all changes known to be in force on or before 09 October 2024. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.
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102 .F1 A company may be wound up by the High Court if—
(a)the company has by special resolution resolved that the company be wound up by the Court,
(b)being a public company which was registered as such on its original incorporation, the company has not been issued with a certificate under Article 127 of the Companies Order (public company share capital requirements) and more than a year has expired since it was so registered,
(c)it is an old public company, within the meaning of Article 3 of the Companies Consolidation (Consequential Provisions) (Northern Ireland) Order 1986F2,
(d)the company does not commence its business within one year from its incorporation or suspends its business for a year,
(e)[F3except in the case of a private company limited by shares or by guarantee,] the number of members is reduced below 2,
(f)the company is unable to pay its debts,
[F4(fa)at the time at which a moratorium for the company under Article 14A comes to an end, no voluntary arrangement approved under Part II has effect in relation to the company]
(g)the Court is of the opinion that it is just and equitable that the company should be wound up.
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