96. Winding-up and dissolution for unpaid claims
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(1) Where—
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(a) the directors or the members of an international business company that is required under section 89 or permitted under section 90 to wind up and dissolve, at the time of the passing of the resolution to wind-up and dissolve the international business company; or
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(b) the liquidator of an international business company after his or her appointment;
have reason to believe that the international business company will not be able to pay or provide for the payment of or discharge of all claims, debts, liabilities and obligations of the international business company in full, the directors, the members or the liquidator, shall immediately give notice of the fact to the Registrar.
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(2) Where notice has been given to the Registrar under subsection (1), all winding-up and dissolution proceedings after the notice has been given shall be in accordance with the provisions of the Companies Act relating to winding-up and dissolution and those provisions shall apply, with the necessary changes, to the winding-up and dissolution of the international business company.