203. Petition for winding-up by the Financial Services Regulator
The Financial Services Regulator may present a petition to the Court for a Company to be wound up if the Financial Services Regulator is of the opinion that —
(a) the Company is unable to pay its debts;
(b) it is just and equitable that the Company should be wound up;
(c) the Company has committed a serious contravention of any regulation of the Abu Dhabi Global Market; or
(d) it is expedient in the interests of the Abu Dhabi Global Market that the Company should be wound up.