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REDMOUNT PROPERTIES LIMITED, a company incorporated under the companies Act and having its registered office at 1/4 Atholl Crescent, Edinburgh , EH3 8LQ and Robert Caven, the liquidator thereof.
"(1) this section applies where a winding up order has been made by a court in Scotland .
(2) if after a meeting or meetings under section 138... it appears to the liquidator that the realisable assets of the company are insufficient to cover the expenses of the winding up, he may apply to the court for an order that the company be dissolved.
(3) where the liquidator makes that application, and the court is satisfied the realisable assets of the company are insufficient to cover the expenses of the winding up and it appears to the court appropriate to do so, the court shall make an order that the company be dissolved in accordance with this section.
(4) a copy of the order shall within 14 days from its date be forwarded by the liquidator to The Registrar of Companies, who shall forthwith register it; and, at the end of the period of three months beginning with the day of the registration of the order, the company shall be dissolved."
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