- Y Diweddaraf sydd Ar Gael (Diwygiedig)
- Pwynt Penodol mewn Amser (27/04/2020)
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The Insolvency (Northern Ireland) Order 1989, Section 185 is up to date with all changes known to be in force on or before 04 September 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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185.—(1) Subject to the provisions of this Part, any unregistered company may be wound up under this Order; and all the provisions of this Order F1. . . about winding up apply to an unregistered company with the exceptions and additions mentioned in paragraphs (2) to (4).
(2) If an unregistered company has a principal place of business situated in England and Wales or Scotland, it shall not be wound up under this Part unless it has a principal place of business situated in Northern IrelandF2....
[F3(2A) For all purposes of winding up, the principal place of business in Northern Ireland of the unregistered company is deemed to be the registered office of the company.]
(3) No unregistered company shall be wound up under this Order voluntarily[F4, except in accordance with the [F5EU Regulation]].
(4) The circumstances in which an unregistered company may be wound up are as follows—
(a)if the company is dissolved, or has ceased to carry on business, or is carrying on business only for the purpose of winding up its affairs;
(b)if the company is unable to pay its debts;
(c)if the High Court is of opinion that it is just and equitable that the company should be wound up.
F1Words in art. 185(1) omitted (1.10.2009) by virtue of Companies Act 2006 (Consequential Amendments, Transitional Provisions and Savings) Order 2009 (S.I. 2009/1941), arts. 2(1), 8, Sch. 1 para. 112(3) (with art. 10)
F2Words in art. 185(2) repealed (1.4.2016) by Insolvency (Amendment) Act (Northern Ireland) 2016 (c. 2), s. 28(2), Sch. 4; S.R. 2016/203, art. 2
F3Art. 185(2A) inserted (1.4.2016) by Insolvency (Amendment) Act (Northern Ireland) 2016 (c. 2), s. 28(2), Sch. 3 para. 9; S.R. 2016/203, art. 2
F4SR 2002/334
F5Words in art. 185(3) substituted (26.6.2017) by The Insolvency Amendment (EU 2015/848) Regulations 2017 (S.I. 2017/702), reg. 1, Sch. para. 108 (with reg. 3)
Modifications etc. (not altering text)
C1Art. 185(4)(b) restricted (retrospective to 27.4.2020) by Corporate Insolvency and Governance Act 2020 (c. 12), Sch. 11 para. 6(1)-(3), (4) (with ss. 2(2), 5(2))
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