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Commerce · Q1055

Legal Aspects of Business

Graduate and Post Graduate · Commerce · question 1055

Q1055

The winding up of a company can be done voluntarily by the members of the Company:

A.
if the company passes a special resolution for winding up of the Company
B.
the company in general meeting passes a resolution requiring the company to be wound up voluntarily as a result of the expiry of the period of its duration, if any, fixed by its articles of association or on the occurrence of any event in respect of which the articles of association provide that the company should be dissolved
C.
both A and B
Answer
D.
after seeking guidelines from RoC

Answer: Option C

Solution

Answer: Option C
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