What are the voluntary modes of dissolving a corporation?

There are three voluntary modes of dissolving a corporation.

Firstly, voluntary dissolution where no creditors are affected, it means that the
dissolution does not prejudice the rights of any creditor having a claim against
the corporation. The dissolution may be effected by majority vote of the board of
directors or trustees, and affirmative vote of the stockholders owning at least 2/3
of the outstanding capital stock or of at least 2/3 of the members at a meeting.

Secondly, voluntary dissolution where creditors are affected, it means that the
dissolution of a corporation may prejudice the rights of any creditor, a petition
for dissolution shall be filed with the SEC, and shall set forth all claims and
demands against it after the petition is signed by a majority of the board of
directors or trustees or other officers and verified by one of the corporation's
directors or trustess.

Lastly, dissolution by shortening corporate term. This dissolution may be effected

by amending the articles of incorporation to shorten the corporate term.