Insolvency Act

382. Distinction between "members" and "creditors" voluntary liquidation

Edition: 2022-12-31 · In force

In this Part—

(a)a liquidation in the case of which a directors' statutory declaration under section 398 has been made is a "members' voluntary liquidation"; and

(b)a liquidation in the case of which such a declaration has not been made is a "creditors' voluntary liquidation".