93. Compulsory Winding up

Past version: effective up to 20/08/2014
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Where it appears to the DFSA that it is just and equitable and in the interests of the DIFC that a company which is or has been:

(a) an Authorised Firm or Authorised Market Institution; or
(b) carrying on Financial Services in breach of the Financial Services Prohibition;
should be wound up, it may apply to the Court for, and the Court may make orders considered necessary and desirable for, the winding up of such company.