Companies Act, 1973 (Act No. 61 of 1973)Chapter XIV: Winding-up of CompaniesGeneral343. Modes of winding-up |
1) | A company may be wound up- |
a) | by the Court; or |
b) | voluntarily. |
2) | A voluntary winding-up of a company may be- |
a) | a creditors' voluntary winding-up; or |
b) | a members' voluntary winding-up. |