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Section 84: Circumstances in which company may be wound up voluntarily.

Insolvency Act 1986 · 1986 c. 45View on legislation.gov.uk

Part IV: Winding Up of Companies Registered under the Companies Acts — Chapter II: Voluntary Winding Up (Introductory and General)

A company may be wound up voluntarily—

when the period (if any) fixed for the duration of the company by the articles expires, or the event (if any) occurs, on the occurrence of which the articles provide that the company is to be dissolved, and the company in general meeting has passed a resolution requiring it be wound up voluntarily;
if the company resolves by special resolution that it be wound up voluntarily;
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

In this Act the expression "a resolution for voluntary winding up" means a resolution passed under either of the paragraphs of subsection (1).

Before a company passes a resolution for voluntary winding up it must give written notice of the resolution to the holder of any qualifying floating charge to which section 72A applies.

Where notice is given under subsection (2A) a resolution for voluntary winding up may be passed only—

after the end of the period of five business days beginning with the day on which the notice was given, or
if the person to whom the notice was given has consented in writing to the passing of the resolution.

Chapter 3 of Part 3 of the Companies Act 2006 (resolutions affecting a company's constitution) applies to a resolution under paragraph (a) of subsection (1) as well as a special resolution under paragraph (b).

This section has effect subject to section 43 of the Commonhold and Leasehold Reform Act 2002.

About this text

This legislation text comes from legislation.gov.uk. Contains public sector information licensed under the Open Government Licence v3.0. These source and reuse terms cover the legislation text, not Remedy's commentary.

Reuse reviewed 21 August 2026 under Open Government Licence v3.0.