Question

Under what circumstances a company can be wound up.

Answer 1

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Under what circumstances a company can be wound up.

• Circumstances in which a Company May Be Wound Up.
• A special resolution is passed by the company that the company shall be wound up by the tribunal.
• Failure of the company in reporting a statutory report at the registrar's office.
• Non-commencement of the company in business within one year of incorporation.

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Answer 2

Answer:

Circumstances in which a Company May Be Wound Up

• A special resolution is passed by the company that the company shall be wound up by the tribunal.

• Failure of the company in reporting a statutory report at the registrar's office.

• Non-commencement of the company in business within one year of incorporation.