Winding-up of registered insurer

(1) The provisions of Part IV of the Companies Act and Part IX of the International Business Companies Act, shall apply mutatis mutandis with respect to the winding-up of a registered insurer registered under this Act, subject to the provisions of this section and sections 28, 29 and 30. 35 (2) A petition for the winding-up of a registered insurer shall not be presented by any person other than by or on behalf of the Supervisor without the leave of the Court. CAP. 250. CAP. 270.