In case of members voluntary winding up, the liquidation for conducting the winding up proceedings is appointed by ______

Question

Quizplus · Accepted Answer

In the case of a members' voluntary winding up, the liquidator is appointed by the company itself during a general meeting. This is because the members of the company have decided to voluntarily wind up the company's affairs, indicating that the company is solvent and able to pay its debts.

In Case of Members Voluntary Winding Up, the Liquidation for Conducting