# Companies Act 1948, Section 222: Circumstances in which company may be wound up by court.


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) default is made in delivering the statutory report to the registrar or in holding the statutory meeting;
(c) the company does not commence its business within a year from its incorporation or suspends its business for a whole year;
(d) the number of members is reduced, in the case of a private company, below two, or, in the case of any other company, below seven;
(e) the company is unable to pay its debts;
(f) the court is of opinion that it is just and equitable that the company should be wound up.

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Source: https://www.legislation.gov.uk/ukpga/Geo6/11-12/38/section/222 (the official version)
Page: https://openlegislation.uk/companies-act-1948/section-222
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.