ARTICLE
30 March 2017

(Jersey) Summary Winding Up

W
Walkers

Contributor

Walkers is a leading international law firm which advises on the laws of Bermuda, the British Virgin Islands, the Cayman Islands, Guernsey, Ireland and Jersey. From our 10 offices, we provide legal, corporate and fiduciary services to global corporations, financial institutions, capital markets participants and investment fund managers.
Please note that we have assumed that the Company is a private limited company, that it is solvent, and that all the directors and shareholders will agree to wind up the Company.
Jersey Insolvency/Bankruptcy/Re-Structuring

 A summary winding up is the procedure used to wind up a solvent Jersey company (a "Company") under the Companies (Jersey) Law 1991, as amended (the "Law"). Please find below a summary of the procedure and the requirements.

Please note that we have assumed that the Company is a private limited company, that it is solvent, and that all the directors and shareholders will agree to wind up the Company.

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The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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