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By the tribunal
Cont.
2. Voluntary winding up
Voluntary Winding up - Winding up by the members or
meeting
a. where either the time fixed by the articles for the duration of the
company has expired OR
b. the event specified in the Articles has occurred on which the
company is to be dissolved.
court:
(a) if the company has, by special resolution, so resolved;
(b) if default is made in delivering the statutory report to the
Registrar or in holding the statutory meeting, where applicable; but
petition should be filed within 14 days.
(c ) if the company within a year from its incorporation, or does not
commence its business suspend its business for a whole year.
(d) if the number of members is reducedin the case of a public company, below 7, and
in the case or a private company, below 2;
(e) if the company is unable to pay its debts ;
(f) (f)