122 Circumstances in which company may be wound up by the court

Grounds and effect of winding-up petition

122  Circumstances in which company may be wound up by the court

(1)     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)     being a public company which was registered as such on its original incorporation, the company has not been issued with [a

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