In the event of voluntary liquidation, the appointed of a...
In the event of voluntary liquidation, the appointed of a liquidator is the responsibility of the?
directors
creditors
promoters
court
Correct answer is A
What is a Liquidator? A liquidator or an official receiver manages the entire liquidation process. He or she is appointed when a company goes into liquidation or is wound up by the Court in a compulsory liquidation process, which is brought about by a disgruntled creditor. In a voluntary liquidation, the board of directors appoint a liquidator
Who is responsible for the payment of the bill in a documentary credit ...
The members of the Niger Basin Commission include? ...
The main role of advertising is to ...
Which of the following is classified as invisible item in balance of payment? ...
The first Nigerian enterprises promotion decree was promulgated in ...
The direct authority of a superior over his subordinate is known as? ...
Labour and entrepreneur are examples of ...
The concept that refers to the sale, transfer or exchange of goods and services is ...