{
  "url": "https://openlegislation.uk/insolvency-northern-ireland-order-1989/article-102",
  "json_url": "https://openlegislation.uk/insolvency-northern-ireland-order-1989/article-102.json",
  "legislation": "nisi/1989/2405",
  "legislation_title": "The Insolvency (Northern Ireland) Order 1989",
  "legislation_url": "https://openlegislation.uk/insolvency-northern-ireland-order-1989",
  "path": "article/102",
  "kind": "article",
  "number": "102",
  "heading": "Circumstances in which company may be wound up by the High Court",
  "text": "A company may be wound up by the High Court if—\n(a) the company has by special resolution resolved that the company be wound up by the Court,\n(b) being a public company which was registered as such on its original incorporation, the company has not been issued with a trading certificate under section 761 of the Companies Act 2006 (requirement as to minimum share capital) and more than a year has expired since it was so registered,\n(c) it is an old public company, within the meaning of Schedule 3 to the Companies Act 2006 (Consequential Amendments, Transitional Provisions and Savings) Order 2009,\n(d) the company does not commence its business within one year from its incorporation or suspends its business for a year,\n(e) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .\n(f) the company is unable to pay its debts,\n(fa) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .\n(g) the Court is of the opinion that it is just and equitable that the company should be wound up.",
  "extent": "N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "mod. by SR 2004/307"
    },
    {
      "type": "F",
      "label": "F2",
      "text": "Words in art. 102(b) substituted (6.4.2008) by Companies Act 2006 (Consequential Amendments etc) Order 2008 (S.I. 2008/948), arts. 2(2), 3(1)(b), Sch. 1 para. 168 (with arts. 6, 11, 12)"
    },
    {
      "type": "F",
      "label": "F3",
      "text": "Words in art. 102(c) substituted (1.10.2009) by Companies Act 2006 (Consequential Amendments, Transitional Provisions and Savings) Order 2009 (S.I. 2009/1941), arts. 2(1), 8, Sch. 1 para. 111(13) (with art. 10)"
    },
    {
      "type": "F",
      "label": "F4",
      "text": "Art. 102(e) omitted (12.5.2011) by virtue of Companies Act 2006 (Consequential Amendments and Transitional Provisions) Order 2011 (S.I. 2011/1265), arts. 1(2), 7(3)"
    },
    {
      "type": "F",
      "label": "F5",
      "text": "Art. 102(fa) omitted (26.6.2020) by virtue of Corporate Insolvency and Governance Act 2020 (c. 12), s. 49(1), Sch. 7 para. 14 (with ss. 2(2), 5(2))"
    },
    {
      "type": "C",
      "label": "C1",
      "text": "Art. 102(b) excluded by European Public Limited-Liability Company Regulations 2004 (S.I. 2004/2326), Sch. 4 para. 9(c) (as inserted (1.10.2009) by virtue of European Public Limited-Liability Company (Amendment) Regulations 2009 (S.I. 2009/2400), reg. 40(9)(c))"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/nisi/1989/2405/article/102",
    "retrieved_at": "2026-10-29T04:47:04.938020+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}