The following are the four modes of winding-up of a DMCC Company:
A mode of winding-up of a DMCC Company wherein the Director(s) declares (s)that the affairs of the Company are capable of being finally wound-up within six (6) months from the commencement of the winding-up process.
A mode of winding-up of a DMCC Company wherein the Director(s) declares (s) that the affairs of the Company are capable of being finally wound-up within twelve (12) months of the commencement of the winding-up process.
A mode of winding-up of a DMCC Company wherein there is the participation of the creditors of the Company.
A mode of winding-up of a DMCC Company wherein the Registrar of DMCC submits a petition to the Court for the winding-up of the Company after they determines that:
– the Company has been struck-off; or
– the Company has committed a serious or repeated contravention of the DMCCA Company Regulations or any other regulation, rule, policy, or decision applicable in the DMCC Free Zone
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