Part IV Winding Up of Companies Registered under the Companies Acts
Chapter II Voluntary Winding Up (Introductory and General)
Consequences of resolution to wind up
88 Avoidance of share transfers, etc. after winding-up resolution.
Any transfer of shares, not being a transfer made to or with the sanction of the liquidator, and any alteration in the status of the company’s members, made after the commencement of a voluntary winding up, is void.