Vidyalelo
Commerce · Q129

Legal Aspects of Business

Graduate and Post Graduate · Commerce · question 129

Q129

When laws or court orders, force a company to appoint a liquidator who sells assets and distributes the proceeds to creditors it is:

A.
Compulsory winding up of a company
Answer
B.
The Creditor's voluntary winding up
C.
Members voluntary winding up of a company
D.
None of these

Answer: Option A

Solution

Answer: Option A
No explanation is given for this question Let's Discuss on Board