Economics · Corporate Law
Which of the following statements correctly describes the primary modes through which the winding up of a company can be executed under company law?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1It must be initiated solely by the Central Government if the company fails to contribute to Corporate Social Responsibility (CSR) activities.
- 2It is executed exclusively through an order from the Registrar of Companies (RoC) when a company fails to hold its Annual General Meeting.
- 3It can be executed voluntarily by members making a declaration of solvency, or compulsorily through an order from the Tribunal (NCLT).✓
- 4It can only be executed voluntarily by the mutual consent of the equity shareholders and the debenture holders, without any intervention from a Tribunal.
Correct answer
It can be executed voluntarily by members making a declaration of solvency, or compulsorily through an order from the Tribunal (NCLT).
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Economics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Corporate Law MCQs →Want more practice questions on Corporate Law?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Economics · Corporate Law