A winding up in the case of which a directors' statutory declaration under section 89 has been made is a "members' voluntary winding up"; and a winding up in the case of which such a declaration has not been made is a "creditors' voluntary winding up".
Section 90: Distinction between "members'" and "creditors'" voluntary winding up.
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)
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