PART XXWinding Up of Companies Registered Under this Act or the Former Companies Acts

CHAPTER IPreliminary

Modes of winding up

501The three modes in which a company may be wound up

1

The winding up of a company may be either—

a

by the court, or

b

voluntary, or

c

subject to me supervision of the court.

2

This Part applies, unless the contrary appears, to the winding up of a company in any of those modes.