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?A members' voluntary winding up is where the members decide to dissolve a healthy company.?

A

True?

B

False?

There are various grounds for the compulsory winding-up of a company. In which of the following situations will a court order the winding-up of a company on the 'just and equitable' ground?

A

Where 50% of the members disagree with the actions of the directors

B

Where the company has failed to pay its creditors for three months

C

When the main object of the company cannot be achieved

What is the name given to the person in charge of a voluntary winding-up of a company?

A

Administrator

B

Reciever

C

Chargee

D

Liquidator

Which of the following parties applies for a company to be liquidated in a creditors' voluntary liquidation??

A

?The creditors?

B

The members?

C

?The directors?

?What are the two most important grounds for compulsory liquidation??

?Name two advantages of administration.?

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28

【論述題】

State the party that instigates a members' voluntary liquidation and a creditors' voluntary liquidation

?Explain whether Son has grounds to have a court issue an order for the compulsory liquidation of?Jinx Ltd?

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30

【論述題】

?State whether Aero Ltd has grounds for the compulsory liquidation of Getz Ltd?

?Explain the procedure Lazy Days Ltd should follow when appointing an administrator?