| Commentary

186 Resolutions to wind up

| Commentary

186 Resolutions to wind up

The articles of association of a company seldom fix a period for its duration or provide for its dissolution on the happening of any event. When the articles do contain such a provision and the period has elapsed or the particular event has happened, the company can be wound up pursuant to an ordinary resolution. Otherwise a special resolution is required1. Whichever resolution is passed, a copy of it must be sent to the registrar of companies within 15 days, and it is an offence not to do so, for which any officer

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