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Commerce · Q1048

Legal Aspects of Business

Graduate and Post Graduate · Commerce · question 1048

Q1048

The object of winding-up of a company by the tribunal is:

A.
to facilitate the protection of its assets
Answer
B.
to convert the company into private company, if it is a public company
C.
to convert the company into public company, if it is a private company
D.
to change the Memorandum of Association and Articles of Association

Answer: Option A

Solution

Answer: Option A
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