About
About
What we do
Our Jurisdiction
Management
International Cooperation
Our Mission
Our Structure
Risk Management Framework
Firms
Firms
Authorisation
Enforcement
Supervision
Consumers
Consumers
Complaints
Know your rights
Scams
Investment Guide
Fintech
FinTech
FinTech Lab
Fintech Hub
Global Financial Innovation Network (GFIN)
Registration
Registration
Consider before opening business
Post-registration
Types of participants
Legal Framework
Public Register
Main
>
Legal Framework
>
31. Declaration of solvency
Login
LEGAL ENTITIES LEGISLATION
REGULATIONS
COMPANIES REGULATIONS
GENERAL PARTNERSHIP REGULATIONS
LIMITED PARTNERSHIP REGULATIONS
LIMITED LIABILITY PARTNERSHIP REGULATIONS
NON-PROFIT INCORPORATED ORGANIZATIONS REGULATIONS
FOUNDATIONS REGULATIONS
TRUST REGULATIONS
INSOLVENCY REGULATIONS
PART 1: GENERAL
PART 2: COMPANY VOLUNTARY ARRANGEMENTS
PART 3: RECEIVERSHIP
PART 4: WINDING UP
CHAPTER 1–GENERAL
CHAPTER 2–VOLUNTARY WINDING UP
26. Circumstances in which Company may be wound up voluntarily
27. Notice of Resolution for Voluntary Winding Up
28. Commencement of Voluntary Winding Up
29. Effect on business and status of Company in Voluntary Winding Up
30. Avoidance of share transfers after commencement of Voluntary Winding Up
31. Declaration of solvency
32. Appointment of Liquidator by Company
33. General Company meeting at end of each year
34. Final meeting before dissolution
35. Effect of Company’s insolvency
36. Conversion to Creditors Voluntary Winding Up
CHAPTER 3–CREDITORS VOLUNTARY WINDING UP
CHAPTER 4–PROVISIONS APPLYING TO BOTH KINDS OF VOLUNTARY WINDING UP
CHAPTER 5–COMPULSORY WINDING UP
CHAPTER 6–OTHER WINDING UP PROVISIONS
PART 5: PROTECTION OF ASSETS IN LIQUIDATION
PART 6: RECOGNISED AND FOREIGN COMPANIES
PART 7: OTHER TYPES OF COMPANY
PART 8: APPLICATION OF THESE REGULATIONS TO LIMITED LIABILITY PARTNERSHIPS
PART 9: INSOLVENCY PRACTITIONERS
PART 10: MISCELLANEOUS
SCHEDULE 1: ADDITIONAL POWERS OF ADMINISTRATIVE RECEIVERS
SCHEDULE 2: POWERS OF LIQUIDATOR IN WINDING UP
SCHEDULE 3: INTERPRETATION
NETTING REGULATIONS
PAYMENT SYSTEM SETTLEMENT FINALITY REGULATIONS
COMMON REPORTING STANDARD REGULATIONS
PERSONAL PROPERTY REGULATIONS
RULES
WAIVERS AND MODIFICATIONS
OTHER
FINANCIAL SERVICES LEGISLATION
POLICIES AND POLICY STATEMENTS
NOTICES
GUIDANCE
TEMPLATE
CONSULTATION PAPERS
ARCHIVE
Entire section
PDF
Print
Versions
30. Avoidance of share transfers after commencement of Voluntary Winding Up
32. Appointment of Liquidator by Company