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In the context of liquidation, who is responsible for realizing the company's assets, paying its debts, and distributing the surplus among members?
  • a)
    A shareholder of the company.
  • b)
    The Registrar of Companies.
  • c)
    An Official Liquidator appointed by the Tribunal.
  • d)
    A voluntary liquidator appointed by the company's management.
Correct answer is option 'C'. Can you explain this answer?
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In the context of liquidation, who is responsible for realizing the co...
In the context of liquidation, an Official Liquidator or a liquidator appointed by the Tribunal takes control of the company's affairs, realizes its assets, pays its debts, and distributes any surplus among the members.
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In the context of liquidation, who is responsible for realizing the company's assets, paying its debts, and distributing the surplus among members?a)A shareholder of the company.b)The Registrar of Companies.c)An Official Liquidator appointed by the Tribunal.d)A voluntary liquidator appointed by the company's management.Correct answer is option 'C'. Can you explain this answer?
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In the context of liquidation, who is responsible for realizing the company's assets, paying its debts, and distributing the surplus among members?a)A shareholder of the company.b)The Registrar of Companies.c)An Official Liquidator appointed by the Tribunal.d)A voluntary liquidator appointed by the company's management.Correct answer is option 'C'. Can you explain this answer? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about In the context of liquidation, who is responsible for realizing the company's assets, paying its debts, and distributing the surplus among members?a)A shareholder of the company.b)The Registrar of Companies.c)An Official Liquidator appointed by the Tribunal.d)A voluntary liquidator appointed by the company's management.Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for In the context of liquidation, who is responsible for realizing the company's assets, paying its debts, and distributing the surplus among members?a)A shareholder of the company.b)The Registrar of Companies.c)An Official Liquidator appointed by the Tribunal.d)A voluntary liquidator appointed by the company's management.Correct answer is option 'C'. Can you explain this answer?.
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