Which of the following parties has their interest paid first out of a liquidated company's assets?
Which of the following statements concerning administration is correct?
Which TWO of the following will end an administration period?
(1) After 12 months have elapsed since the administration commenced
(2) The success of the administration
(3) A court order granted following a special resolution of the members
(4) Agreement of the creditors
Section 122 Insolvency Act 1986 specifically provides a distinct ground for applying to have a company liquidated on the ground that it is just and equitable to do so.
Which of the following parties may petition to have a company compulsorily liquidated under that provision?
Section 122 Insolvency Act 1986 provides a number of distinct grounds for applying to have a company liquidated on a compulsory basis.
Which of the following is NOT a ground for the compulsory liquidation of a company under that provision?
The company’s board, creditors and the Secretary of State may petition for the liquidation on the ground of insolvency.
Which type of resolution can ONLY be passed by a private company?
Which of the following may NOT be achieved by written resolution?
How many days' notice is required for a meeting where a resolution requires special notice?
Where members hold sufficient voting rights to requisition a resolution at a general meeting, how much notice in advance of the meeting must they give the company?