# Insolvency Act 1986, Section 116: Saving for certain rights.


The voluntary winding up of a company does not bar the right of any creditor or contributory to have it wound up by the court; but in the case of an application by a contributory the court must be satisfied that the rights of the contributories will be prejudiced by a voluntary winding up.

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Source: https://www.legislation.gov.uk/ukpga/1986/45/section/116 (the official version)
Page: https://openlegislation.uk/insolvency-act-1986/section-116
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.