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.