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.
What is the name given to the person in charge of a voluntary winding-up of a company?
Which of the following parties applies for a company to be liquidated in a creditors' voluntary liquidation?
Which of the following determines whether a voluntary liquidation is a members' or creditors' voluntary liquidation?
A members' voluntary winding up is where the members decide to dissolve a healthy company.
There are various grounds for the compulsory winding-up of a company. In which of the following situations will a court order the winding-up of a company on the 'just and equitable' ground?