Directors resolution to wind up the Company due to insolvency:
(a) the company cannot by reason of its liabilities continue its business;
(b) the director(s) consider(s) it necessary that the company be wound up due to the reasons set out below:
(c) the directors believe the winding up proceedings should be commenced under the Company Law
This document may be used as the minutes of meeting whereby the Directors resolution to wind up the Company due to insolvency.
This document is to be used during a board meeting.
The minutes of the meeting may be used to document all members of the company passing a resolution, agreeing to the deregistration of the company.
deregistration of company,
company winding up,
dissolution of company,
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