310 Circumstances in which Court may wind company up

A company may be wound up by the Court if —


(a) the company has by special resolution resolved that the company be
wound up by the Court;

(b) the company does not commence business within one year beginning on
the date of its incorporation;

(c) the company suspends business for a whole year;

(d) the company has no members (other than the company itself where it
holds its own shares as treasury shares);


(e) the company is insolvent within the meaning given in section 299;

(f) the company has failed to comply with a direction of the Registrar under
section 31 to change its name; or

(g) the Court is of the opinion that it is just and equitable that the company
should be wound up.