A company being a creation of law cannot die a natural death. It comes to an end by law through the process of liquidation

Related MCQs

• In …..., a new company is formed to take over the business of an existing company which goes into liquidation.
• The purchase of an existing company which goes into liquidation by another existing company is known as …………..
• Liquidation expenses paid by the transferee company is debited to …
• Which of the following does not involve liquidation of any company?
• In ……………, a new company is formed to take over the business of two or more existing companies which go into liquidation
• Liquidation expenses paid by the transferee company are debited to ………
• Preference shareholders are legally entitled to the repayment of capital in the event of liquidation of the company.
• Amount due to workman is rank with ……………….in the event of liquidation of the company.
• When the purchasing company bears the liquidation expenses, it will debit the expenses to
• When the Vendor (seller) company agrees to bear liquidation expenses, it will debit