Start learning →

Under s.233(1)(d), creditors' approval needs what share in value?

AThree-fourths
BTwo-thirds
CNine-tenths
DOne-half
Answer & Solution
Correct answer: C. Nine-tenths
A majority representing nine-tenths in value of creditors must approve.
Practise this question with Quill — CA Final →

Keep practising Compromises, Arrangements and Amalgamations

Browse all Compromises, Arrangements and Amalgamations questions for CA Final, or explore more Law topics.

Start a Compromises, Arrangements and Amalgamations lesson →
Related questions