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<h1>Winding up by the Tribunal: statutory and public interest grounds can compel compulsory dissolution.</h1> A company may be wound up by the Tribunal where specified statutory circumstances arise: a special-resolution request for winding up; failure to deliver the statutory report or hold the statutory meeting; failure to commence or prolonged suspension of business; reduction of members below statutory minima; persistent defaults in annual filings; inability to pay debts; conduct affecting sovereignty, security, foreign relations, public order, decency or morality; or when the Tribunal deems winding up just and equitable.
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