Start learning →

Under s. 330, assigning all company assets to trustees for all creditors is what?

AVoid under s. 330
BValid with leave
CValid and binding
DMerely voidable
Answer & Solution
Correct answer: A. Void under s. 330
Section 330 declares such a transfer or assignment void.
Practise this question with Quill — CA Final →

Keep practising Winding Up

Browse all Winding Up questions for CA Final, or explore more Law topics.

Start a Winding Up lesson →
Related questions