If the directors make o declaration of solvency before the members pass a winding up resolution, the winding up will be:

Related MCQs

• If the company is not in a position to pay its debts and the directors make no declaration of solvency it is called-
• In case of winding up of a company, the liquidator appointed is required to give a declaration disclosing their interest or lack of independence if any, within
• The Board of Directors can call a general meeting of the members any time by giving not less than-
• The Board of Directors can call a general meeting of the members any time by giving not less than _________notice.
• Winding up by the members themselves without the intervention of the court
• The official record of the proceedings of the meetings of directors or shareholders of a company is:
• Every company can have a maximum number of directors up to
• An application for the winding up of a company can be made to the court by
• Which section provides for voluntary winding up of a company
• Who can apply for winding up?