Section 349, The Companies Act, 2009

The High Court shall have jurisdiction to wind up anycompany incorporated or registered in Sierra Leone. 262 263 Definition of contributory. Nature of liability of contributory. Contributories in case of death of member. Contributories in case of bankruptcy of member. Jurisdiction to wind up incoporated in Sierra Leone. Cases in which company may be wound up by court 350 . A company may be wound up by the court if- (a) the company has by special resolution resolved that the company be wound up by the court; (b) default is made in delivering the statutory report to the Commission or in holding the statutory meeting; (c) the company does not commence its business for a whole year; (d) subject to section 67, the membership of the company falls below the requirements in 15. ; (e) the company is unable to pay its debts; (f) the court is of the opinion that it is just and equitable that the company should be wound