# The Insolvency (Northern Ireland) Order 1989, Article 102: Circumstances in which company may be wound up by the High Court

Extent: N.I.

A company may be wound up by the High Court if—
(a) the company has by special resolution resolved that the company be wound up by the Court,
(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,
(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,
(d) the company does not commence its business within one year from its incorporation or suspends its business for a year,
(e) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(f) the company is unable to pay its debts,
(fa) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(g) the Court is of the opinion that it is just and equitable that the company should be wound up.

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Source: https://www.legislation.gov.uk/nisi/1989/2405/article/102 (the official version)
Page: https://openlegislation.uk/insolvency-northern-ireland-order-1989/article-102
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.