Under a voluntary winding up, a liquidator cannot:
A) exercise the power of the court of fixing a time when debts and claims must be proved.
B) exercise any power the Corporation Act confers on a liquidator in a winding up by the court.
C) make concessions on any debts except as under s. 477(2A) of the Corporation Act.
D) convene a general meeting of the company to obtain agreement for matters as the liquidator thinks fit.
Correct Answer:
Verified
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