A company may be wound up by the Court if—
(a) the company has by special resolution resolved that the company be wound up by the Court;
(b) the company does not commence its business within a year from its incorporation, or suspends its business for a whole year;
(c) the company is unable to pay its debts;
(d) an inspector appointed under Division B of Part 5 has reported that he or she is of the opinion—
(i) that the company cannot pay its debts and should be wound up, or
(ii) that it is in the interests of the public or of the shareholders or of the creditors that the company should be wound up, or
(e) the Court is of the opinion that it is just and equitable that the company should be wound up.