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?

  • supension of businesss for one year
  • special resolution of members checkmark
  • reduction in the number of members below the legal minimum
  • inability to pay it debts

The correct answer is: B

Explanation

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