The Insolvency (Northern Ireland) Order 1989

“Insolvency” and“go into liquidation”N.I.

6.—(1) In [F1Parts 1A to 7], “insolvency”, in relation to a company, includes [F2the coming into force of a moratorium for the company under Part 1A,] the approval of a voluntary arrangement under Part II,[F3or the appointment of an administrator or administrative receiver].

(2 )F4 For the purposes of any provision in [F1Parts 1A to 7], a company goes into liquidation if it passes a resolution for voluntary winding up or an order for its winding up is made by the High Court at a time when it has not already gone into liquidation by passing such a resolution.

[F5(3) The reference to a resolution for voluntary winding up in paragraph (2) includes a reference to a resolution which is deemed to occur by virtue of—

(a)paragraph 84(5)(b) of Schedule B1, F6...

F6(b). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .]