Which of the following is a ground under s. 461 of the Corporations Act on which the court can order a winding up? I. The company has no members.
II) The company has not commenced business within one year of incorporation.
III) The court is of the opinion that it is just and equitable that the company be wound up.
IV) The company has resolved that it be wound up by the court.

Question

Quizplus · Accepted Answer

All four options listed are grounds under section 461 of the Corporations Act for a court to order a winding up of a company. This includes situations where the company has no members, has not commenced business within a year of incorporation, the court deems it just and equitable to wind up the company, or the company itself has resolved to be wound up by the court.

Which of the Following Is a Ground Under S