In which of the following circumstances is a court order NOT necessary for the winding...

COMMERCEJAMB 1997

In which of the following circumstances is a court order NOT necessary for the winding up of a company?

  • A. supension of businesss for one year
  • B. special resolution of members
  • C. reduction in the number of members below the legal minimum
  • D. inability to pay it debts

Correct Answer: B. special resolution of members

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