Revised Laws of Saint Lucia (2021)

435.   Winding-up resolutions

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    (1)   A company shall be wound up voluntarily if—

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      (a)     a general meeting so resolves by special resolution; or

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      (b)     a general meeting so resolves by an ordinary resolution which states that the company is unable to pay its debts.

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    (2)   In this Act, “a resolution for voluntary winding-up” means a resolution passed under subsection (1).