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COMPANIES ACT (NORTHERN IRELAND) 1960 - SECT 210

210. 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;

(g)the court is satisfied that the matters complained of in an application for
an order under section two hundred and one cannot be brought to an end by
virtue of an order made under that section.

© 1960 Crown Copyright

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