PARTS II TO VIICOMPANY INSOLVENCY; COMPANIES WINDING UP
PART VWINDING UP OF COMPANIES REGISTERED UNDER THE COMPANIES ORDERS
CHAPTER VPROVISIONS APPLYING TO BOTH KINDS OF VOLUNTARY WINDING UP
Distribution of company’s property93
Subject to the provisions of this Order as to preferential payments, the company’s property in a voluntary winding up shall on the winding up be applied in satisfaction of the company’s liabilities pari passu and, subject to that application, shall (unless the company’s articles otherwise provide) be distributed among the members according to their rights and interests in the company.