Cap. 168 Art. 150Dissolution of companies.

A company is dissolved -

(a) when the period fixed for its duration expires;

(b) if the undertaking forming its objects is completed or cannot be completed;

(c) if the share capital of the company is reduced below the statutory minimum;

(d) if the number of members is reduced below two and remains so reduced for more than six months;

(e) if the company is adjudged bankrupt;

(f) if the company so resolves by extraordinary resolution;

(g) if, in the opinion of the court, there exist grounds of sufficient gravity to warrant dissolution;

(h) in such other cases for which provision is made in the memorandum or articles.