OpenLegislation

Section 122 Modes of winding up.

Original text. Later amendments are not shown.

(1)

The winding up of a company may be either—

(i)

by the court; or

(ii)

voluntary; or

(iii)

subject to the supervision of the court.

(2)

The provisions of this Act with respect to winding up apply, unless the contrary appears, to the winding up of a company in any of those modes.