- 20 Marks
BCL – L1 – Q99 – Legal implications relating to companies in difficulty or in crisis
Circumstances under which a court may order a company's winding up.
Question
(a). Discuss the circumstances under which a court will order a winding up of a company?
(b). Under what circumstances is a company deemed unable to pay its debts?
(c). Can the Attorney-General cause a company to wind up at a press conference?
(d). Briefly explain: mergers, insolvency, and amalgamation.
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