Part IV Winding Up of Companies Registered under the Companies Acts
Chapter II Voluntary Winding Up (Introductory and General)
Declaration of solvency
90 Distinction between “members’” and “creditors’” voluntary winding up.
A winding up in the case of which a directors’ statutory declaration under section 89 has been made is a “members’ voluntary winding up”; and a winding up in the case of which such a declaration has not been made is a “creditors’ voluntary winding up”.