篩選結(jié)果 共找出38題

?Explain whether an administration order would be granted for Lazy Days Ltd?

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On the advice of his accountant, Mat registered a private limited company to conduct his small?manufacturing business. The initial shareholders of the company were Mat, his wife Mary, and her father?Norm, who each took 1,000 shares in the company, each with a nominal value of ￡1. The accountant?explained that they did not have to pay the full nominal value of the shares at once, so they each paid only?25p per share taken.?

Unfortunately the business has not proved successful and Mat and the other shareholders have decided that?it is better to liquidate the company rather than run up any more debts. The current situation is that the?company's land is worth ￡20,000 (secured with a ￡20,000 loan) and it has further assets to the value of?￡7,750, but it has debts to business creditors of ￡10,000 and owes the bank a further ￡10,000 on its bank?overdraft.?

33

【論述題】

?State the liability of Mat, Mary and Norm in respect of the company's debts?

?Explain how the company's debts will be paid out of its liquidated assets?

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?Earl has been employed by Flash Ltd for the past 20 years. During that time, he has also invested in the?company in the form of shares and debentures. Earl owns 5,000 ordinary shares in Flash Ltd. The shares are?of ￡1 nominal value and are fully paid-up. The debentures, to the value of ￡5,000, are secured by a fixed?charge against the land on which Flash Ltd's factory is built.?

In April it was announced that Flash Ltd was going into immediate insolvent liquidation, owing considerable?amounts of money to trade creditors. As a result of the suddenness of the decision to liquidate the company,?none of the employees received their last month's wages. In Earl's case this amounted to ￡2,000.?

35

【論述題】

?State whether Earl has any right to his unpaid wages?

?State the extent of Earl's liability on his share capital?

State Earl's rights in respect of his debentures?

?Liquidation means that a company must be ___________ and its affairs wound up.?

?Which of the following determines whether a voluntary liquidation is a members' or creditors' voluntary?liquidation??

A

?The solvency of the company?

B

?A decision of the members?

C

?A decision of the creditors?

?Which of the following parties may apply to the court for the compulsory liquidation of a company??

A

?The company's auditor if they deem it necessary in the public interest?

B

?A creditor who is owed more than ￡750 and who sent the company a written demand for it over three?weeks ago and has not had a reply?

C

?The Registrar of Companies if they have not received copies of the company's last three financial?statements.?

?In which of the following situations will the court order the compulsory liquidation of a company on the just?and equitable ground??

A

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

B

?When the main object of the company cannot be achieved?

C

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