business
Voluntary Winding Up
Section 572 explains voluntary winding up - shareholders can pass a special resolution to wind up the company.
CAMA 2020
Understanding the legal process for voluntarily dissolving a company when you want to cease business operations.
Section 572 explains voluntary winding up - shareholders can pass a special resolution to wind up the company.
Section 622 lists circumstances for court-ordered winding up including company inactivity for a year or insolvency.
Section 258 allows written resolutions - useful for passing the special resolution to wind up without holding a meeting.
Section 36 ensures creditors and stakeholders have fair hearing rights in the winding up process.