alleryStart learning →Under s. 282(2), the Tribunal may order sale of the company in what form?
AAs a dormant unit
BAs scrap only
CAs a subsidiary
DAs a going concern
Answer & Solution
Correct answer: D. As a going concern
Section 282(2) allows sale of the company as a going concern or of its assets or part thereof.
Keep practising Winding Up
Browse all Winding Up questions for CA Final, or explore more Law topics.
Related questions
Under s. 361, summary liquidation suits a company with assets of book value up to what?If no voluntary resolution came first, a Tribunal winding up commences at what time?The Tribunal may declare a dissolution void within what period from dissolution under s. 3Unpaid dividends go to the Liquidation Dividend Account after remaining unpaid for how lonIf winding up is not concluded within what period, s. 348 requires yearly statements?Under s. 344, business letters of a company in liquidation must carry what?The minimum jail term for fraud by officers under s. 337 is what?After a Tribunal winding up begins, property dispositions are void unless the Tribunal doe