All sections · Part XVII: Striking Off, Winding Up And Dissolution · Sub-Part IV: Compulsory Winding Up by Court
309 Application for compulsory winding up
(1) If any of the circumstances specified in section 310 apply to a company,
an application may be made to the Court, by the company, by any
director, member, creditor or liquidator thereof or by any other interested
party, for the compulsory winding up of the company.
(2) An order made by the Court on an application under subsection (1)
operates for the benefit of all the company‘s creditors in the same way as
if the application had been presented by them.
an application may be made to the Court, by the company, by any
director, member, creditor or liquidator thereof or by any other interested
party, for the compulsory winding up of the company.
(2) An order made by the Court on an application under subsection (1)
operates for the benefit of all the company‘s creditors in the same way as
if the application had been presented by them.
