PART VWinding Up.

(iii) VOLUNTARY WINDING UP

Provisions applicable to every Voluntary Winding Up.

310Saving for rights of creditors and contributories.

The winding up of a company shall not bar the right of any creditor or contributory to have it wound up by the court, but in the case of an application by a contributory the court must be satisfied that the rights of the contributories will be prejudiced by a voluntary winding up.