Types of winding-up
i) Compulsory winding up or winding up by the court.
ii) Winding up subject to the supervision of the court.
iii) Voluntary winding up.
Who may commence proceedings? Compulsory winding up
The company
Creditors
Contributories
The attorney general
The official receiver
Members other than contributories.
Winding up under the supervision of the court
The creditors
The official receiver
Members
Voluntary winding-up
Shareholders
Creditors