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Commerce · Q826

Legal Aspects of Business

Graduate and Post Graduate · Commerce · question 826

Q826

Where the board of directors does not file a declaration as to solvency of the company, the voluntary winding up is called:

A.
the creditor's voluntary winding up
Answer
B.
the compulsory winding up by tribunal
C.
members voluntary winding up of a company
D.
none of these

Answer: Option A

Solution

Answer: Option A
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