BCL – L1 – SA – Q100 – Companies in Crisis

Winding up by special resolution passed by the company.

A   Compulsory winding up.

B   Winding up

C   Voluntary winding up

D   All of the above

C

Explanation:
The correct answer is C because winding up by a special resolution passed by the company is a voluntary winding up, initiated by the shareholders. Compulsory winding up (A) is court-ordered, B is too vague, and D is incorrect as only C applies.