COMPANIES ACT, 1929 
(iiil} VorLuntarRy WINDING Up 
Resolutions for, and commencement of Voluntary Winding Up 
225. Circumstances in which company may be wound up voluntarily 
226. Notice of resolution to wind up voluntarily. 
222. Commencement of voluntary winding up. 
Consequences of Voluntary Winding Up. 
228. Effect of voluntarv winding up on business and status of 
company. 
229. Avoidance of transfers, &c., after commencement of voluntary 
winding up. 
Declaration of Solvency. 
230. Statutory declaration of solvency in case of proposal to wind up 
voluntarily 
Provisions applicable to a Members’ Voluntary Winding Up 
231. Provisions applicable to a members’ winding up. 
232. Power of company to appoint and fix remuneration 
liquidators. 
233. Power to fill vacancy in office of liquidator. 
234. Power of liquidator to accept shares, &c.. as consideration for 
sale of property of company. 
235. Duty of liquidator to call general meeting at end of each year 
226. Final meeting and dissolution. 
Provisions applicable to a Creditors’ Voluntary Winding up 
237. Provisions applicable to a creditors’ winding up. 
238. Meeting of creditors. 
239. Appointment of liquidator. 
240. Appointment of committee of inspection. 
241. Fixing of liquidator’s remuneration and cesser of directors 
powers. 
242. Power to fill vacancy in office of liquidator. 
243. Application of s. 234 to a creditors’ voluntary winding up. 
244. Duty of liquidator to call meetings of company and of creditors 
at end of each year. 
245. Final meeting and dissolution. 
Provisions applicable to every Voluntarv 
Provisions applicable to every voluntary 
Distribution of property of company. 
Powers and duties of liquidator in voluntary winding up. 
Power of court to appoint and remove liquidator in voluntary 
winding up. 
250. Notice by liquidator of his appointment. 
2:1. Arrancement when binding on creditors 
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