Under a voluntary winding up, a liquidator cannot:
A) make concessions on any debts except as under s. 477(2A) of the Corporation Act.
B) exercise the power of the court of fixing a time when debts and claims must be proved.
C) exercise any power the Corporation Act confers on a liquidator in a winding up by the court.
D) convene a general meeting of the company to obtain agreement for matters as the liquidator thinks fit.
Correct Answer:
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Q24: The details below were extracted from
Q25: The details below were extracted from
Q26: Which of the following statements is incorrect?
A)
Q27: A voluntary winding up commences when:
A) the
Q28: The details below were extracted from
Q30: The journal entry to record the distribution
Q31: Under a court ordered winding up, a
Q32: Which of the following is an example
Q33: Which of the following is not one
Q34: The main purpose of the liquidation account
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