89 Statutory declaration of solvency
Insolvency Act 1986 (1986 c 45) | Legislation

Declaration of solvency

89  Statutory declaration of solvency

(1)     Where it is proposed to wind up a company voluntarily, the directors (or, in the case of a company having more than two directors, the majority of them) may at a directors' meeting make a statutory declaration to the effect that they have made a full inquiry into the company's affairs and that, having done so, they have formed the opinion that the company will be able to pay its debts in full, together with interest at the official rate (as defined in

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