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