The Insolvency (Northern Ireland) Order 1989

Conversion to creditors' voluntary winding upN.I.

82.  As from the day on which the creditors' meeting is held under Article 81, this Order has effect as if—

(a )F1the directors' declaration under Article 75 had not been made; and

(b )F1the creditors' meeting and the company meeting at which it was resolved that the company be wound up voluntarily were the meetings mentioned in Article 84;

and accordingly the winding up becomes a creditors' voluntary winding up.

F1mod. by SR 2004/307