85 Notice of resolution to wind up

85  Notice of resolution to wind up

(1)     When a company has passed a resolution for voluntary winding up, it shall, within 14 days after the passing of the resolution, give notice of the resolution by advertisement in the Gazette.

(2)     If default is made in complying with this section, the company and every officer of it who is in default is liable to a fine and, for continued contravention, to a daily default fine.

For the purposes of this subsection the liquidator is deemed an officer of the company.

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