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Assets Side of Balance Sheet

Which option ...

Question

Which option is NOT suitable for winding up of a company?

A

Dissolving or winding up by agreement.

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B

Dissolving or winding up by law.

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C

Dissolving or winding up by creditors with the help of law.

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D

Dissolving or winding up by members with the help of law.

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Solution

The correct option is A Dissolving or winding up by agreement.
The correct answer is A.

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Q. When a company is wound up at the instances of either the members or the creditors, the winding up is termed as _____________.

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