Voluntary winding up under CAMA 2020: sections 620 to 648
Chapter 22 covers voluntary winding up, both members’ and creditors’.
Chapter 22 of Part B has 29 sections. Every section is listed below with its title.
Guides in this chapter
Key rules in this chapter
- Notice of a resolution to wind up goes to the Commission and is advertised within 14 days (section 621).
- A declaration of solvency must be made within the five weeks before the resolution (section 625).
Previous: Chapter 21: Winding up by the courtNext: Chapter 23: Winding up under court supervision
Source: the Companies and Allied Matters Act 2020 as published in the Official Gazette.