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ADGM Insolvency Regulations 2022 (enacted 29 August 2022) — Part 3 Chapters 2-5, voluntary winding-up (ss 174-198A: resolution, declaration of solvency, liquidator appointment and notices, progress reports, final meetings, creditors' voluntary winding-up, sale of business for shares); administration, compulsory winding-up, s 294 dissolution and Schedule 6 not yet extracted is one of the rulebooks issued by the ADGM Registration Authority. For compliance officers, legal teams, and advisors working under this regime, finding the right article quickly matters. Lexara indexes the full text of ADGM Insolvency Regulations 2022 (partial: voluntary winding-up) and makes it searchable two ways: full-text and keyword search for rapid lookup, and AI Explorer for natural-language questions answered with citations to the exact article.
12 articles in 1 chapters, each with a plain-English summary by Arakan. The full text of every article is in the Laws Browser.
Insolvency Regs 2022 s 174Resolution to wind up voluntarily
A company may wind up voluntarily if its Articles allow it or it passes a Special Resolution, with at least 5 business days' notice to qualifying charge holders.
Insolvency Regs 2022 s 182Final meeting and account (members' winding-up)
After fully winding up, the liquidator prepares an account and calls a general meeting, notifying members at least 1 month in advance.
Insolvency Regs 2022 s 191Final meetings (creditors' winding-up)
In creditors' winding-up, the liquidator must call both general and creditors' meetings on the same day, providing one month notice to both.
Insolvency Regs 2022 s 192Publish notice of the resolution
The company must publish notice of its voluntary winding-up resolution within 7 days, with default leading to penalties.
Insolvency Regs 2022 s 194Liquidator notice of appointment
The liquidator must publish their appointment notice in the ADGM and notify the Registrar within 7 days of their appointment.
Insolvency Regs 2022 s 198ASale of the business for shares
In a voluntary winding-up, the liquidator can accept shares in a transferee company as payment, requiring member or court sanction, with dissenting members allowed to object.
Insolvency Regs 2022 ss 175-176Directors' declaration of solvency
Directors must declare the company's solvency at a board meeting before winding-up; making this declaration without reasonable grounds may lead to contravention.
Insolvency Regs 2022 ss 177-180Members' voluntary winding-up: liquidator
The company must appoint liquidators at a general meeting, ceasing directors' powers except as sanctioned by the liquidator or company.
Insolvency Regs 2022 ss 181, 190Annual progress report
The liquidator must produce an annual progress report within 2 months after each year for winding-ups lasting over a year.
Insolvency Regs 2022 ss 183-184Company turns out to be insolvent
If a company is deemed insolvent, the liquidator must call a creditors' meeting with 7 days' notice to transition to a creditors' voluntary winding-up.
Insolvency Regs 2022 ss 185-188Creditors' voluntary winding-up: meetings
The company must convene a general meeting to propose a winding-up resolution and a creditors' meeting, where creditors appoint the liquidator.
Insolvency Regs 2022 ss 195-196Effect of the winding-up resolution
Upon winding up, the company stops trading except as needed for beneficial winding-up; corporate status remains until dissolution.
ADGM Insolvency Regulations 2022 (partial: voluntary winding-up)'s 12 indexed articles break down by obligation type as follows.
Legal / Board — 6 articles
Liquidator — 6 articles
ADGM Insolvency Regulations 2022 (partial: voluntary winding-up) spans the following regulatory topics, as tagged by Lexara.
insolvency
voluntary winding up
liquidation
dissolve
adgm
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What is ADGM Insolvency Regulations 2022 (enacted 29 August 2022) — Part 3 Chapters 2-5, voluntary winding-up (ss 174-198A: resolution, declaration of solvency, liquidator appointment and notices, progress reports, final meetings, creditors' voluntary winding-up, sale of business for shares); administration, compulsory winding-up, s 294 dissolution and Schedule 6 not yet extracted?
ADGM Insolvency Regulations 2022 (enacted 29 August 2022) — Part 3 Chapters 2-5, voluntary winding-up (ss 174-198A: resolution, declaration of solvency, liquidator appointment and notices, progress reports, final meetings, creditors' voluntary winding-up, sale of business for shares); administration, compulsory winding-up, s 294 dissolution and Schedule 6 not yet extracted is issued by the ADGM Registration Authority. It has 12 articles across 1 chapters.
What does ADGM Insolvency Regulations 2022 (partial: voluntary winding-up) cover?
It is organised into: ADGM Insolvency Regulations 2022: voluntary winding-up.
Who issues ADGM Insolvency Regulations 2022 (partial: voluntary winding-up)?
The ADGM Registration Authority. Always check the authority's official publication for the binding text.
Can I search ADGM Insolvency Regulations 2022 (partial: voluntary winding-up) and ask questions about it?
Yes. Lexara searches the full text of all 12 articles and answers plain-English questions with a citation to the exact article.
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