1. A person liable to contribute towards the assets of the company on the event of its being wound up is a …………

(A) liquidator 
(B) solicitor 
(C) contributory 
(D) tribunal



2. On a winding up order being made in respect of a company, the official Liquidator shall, become the ………….. of the company.

(A) liquidator 
(B) solicitor 
(C) contributory 
(D) tribunal



3. When a winding up order has been made by the tribunal but there is no liquidator, the property of the company vests in the ……………….. .

(A) liquidator 
(B) solicitor 
(C) contributory 
(D) tribunal



4. After obtaining of certificate to commence business a company may be wound up if it does not commence business within ………………….. .

(A) one month 
(B) three months 
(C) six months 
(D) one year



5. A company may be wound up by the Tribunal by passing ………… Resolution.

(A) special 
(B) extra ordinary 
(C) ordinary 
(D) none of these



6. A company has to submit a statement of affairs to the Official Liquidator within …… days of the appointment of the official liquidator.

(A) 10 
(B) 14 
(C) 21 
(D) 30



7. In a members voluntary winding up the notice of the resolution for winding up shall be filed with the registrar within ………….. days of passing of the resolution.

(A) 10 
(B) 14 
(C) 21 
(D) 30



8. A public company may be wound up by the Tribunal if the number of its members is reduced below …………

(A) 7 
(B) 14 
(C) 21 
(D) 28



9. An official liquidator is appointed by the …………..

(A) manager 
(B) a court of competent jurisdiction
(C) board of directors 
(D) central govt.



10. A voluntary winding up is deemed to commence from the date when the declaration of solvency is made by the …………………. . .

(A) manager 
(B) a court of competent jurisdiction
(C) board of directors 
(D) central govt.