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CA Final Winding Up — practice questions

Explore 91 free Winding Up questions in CA Final Law. Open each question or exercise to read its content, reference answers and available explanation.

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Winding Up questions and exercises with answers

Showing questions 1–30 of 91.

Under s. 270, a company may be wound up by the Tribunal or in which other mode?Read the answer and worked solution →Under s. 270(2), the Act's winding-up provisions apply to which mode?Read the answer and worked solution →Under s. 273(1), a winding-up order must be made within how many days of presenting the petition?Read the answer and worked solution →Whom may the Tribunal appoint under s. 273(1)(c) until a winding-up order is made?Read the answer and worked solution →Under s. 273, a winding-up order cannot be refused only because the company has what?Read the answer and worked solution →Under s. 274(1), the company must file objections and a statement of affairs within how many days?Read the answer and worked solution →In contingency, how much further time may the Tribunal allow under s. 274(1)?Read the answer and worked solution →A company failing to file its statement of affairs under s. 274(2) loses which right?Read the answer and worked solution →After an order under s. 273(1)(d), directors must submit audited books within what period?Read the answer and worked solution →An officer contravening s. 274 faces imprisonment extending to how long?Read the answer and worked solution →What is the maximum fine for contravening s. 274 as per sub-section (4)?Read the answer and worked solution →Under s. 274(5), a complaint for non-compliance is filed before which forum?Read the answer and worked solution →Who appoints the Company Liquidator at the time of the winding-up order under s. 275(1)?Read the answer and worked solution →Under s. 275(2), who maintains the panel of liquidators?Read the answer and worked solution →Who specifies a liquidator's fee and terms of appointment under s. 275(5)?Read the answer and worked solution →Within what time must a liquidator file the independence declaration under s. 275(6)?Read the answer and worked solution →Who may remove a name from the liquidators' panel under s. 275(4)?Read the answer and worked solution →Under s. 275(7), the Tribunal may make which person the Company Liquidator?Read the answer and worked solution →Which is a ground for removing a liquidator under s. 276(1)?Read the answer and worked solution →If a liquidator's fraud causes loss, s. 276(3) lets the Tribunal do what?Read the answer and worked solution →What must the Tribunal record when removing a liquidator under s. 276(1)?Read the answer and worked solution →Before an order under s. 276, the liquidator must be given what?Read the answer and worked solution →Within what time must the Tribunal send intimation of a winding-up order under s. 277(1)?Read the answer and worked solution →For a listed company, the Registrar under s. 277(2) must also inform whom?Read the answer and worked solution →Under s. 277(3), a winding-up order is deemed what for employees?Read the answer and worked solution →The liquidator must apply for a winding up committee within what period under s. 277(4)?Read the answer and worked solution →Who sits on the winding up committee under s. 277(4)?Read the answer and worked solution →How often must the liquidator place the committee's minutes before the Tribunal under s. 277(6)?Read the answer and worked solution →The final report under s. 277(8) is submitted to the Tribunal for passing which order?Read the answer and worked solution →Under s. 278, a winding-up order operates in favour of whom?Read the answer and worked solution →

Worked practice questions

Under s. 270, a company may be wound up by the Tribunal or in which other mode?

  1. By a SEBI direction
  2. By the Registrar alone
  3. Voluntary winding up
  4. By RBI direction
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Correct answer: C. Voluntary winding up

Section 270(1) names exactly two modes, winding up by the Tribunal and voluntary winding up.

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Under s. 270(2), the Act's winding-up provisions apply to which mode?

  1. Neither of the modes
  2. Both modes in s. 270
  3. Tribunal mode alone
  4. Voluntary mode alone
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Correct answer: B. Both modes in s. 270

Sub-section (2) applies the winding-up provisions to a winding up in either of the two modes in sub-section (1).

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Under s. 273(1), a winding-up order must be made within how many days of presenting the petition?

  1. Thirty days
  2. Forty-five days
  3. Ninety days
  4. Sixty days
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Correct answer: C. Ninety days

The first proviso to s. 273(1) fixes ninety days from presentation of the petition for the order.

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