- 5 Marks
BL – Nov 2023 – L1 – SB – Q5d – Company Law
Discusses the types of insolvency practitioners and the qualifications required to practice in Nigeria.
Question
Corporate insolvency occurs when a company is unable to meet its financial obligations.
Required:
i. State TWO insolvency practitioners. (2 Marks)
ii. State THREE qualifications that an insolvency practitioner must possess. (3 Marks)
Find Related Questions by Tags, levels, etc.
- Tags: Corporate Law, Insolvency, Liquidation, Practitioners
- Level: Level 1
- Topic: Company Law
- Series: NOV 2023
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