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There are various grounds for the compulsory winding-up of a company. In which of the following situations will a court order the winding-up of a company on the 'just and equitable' ground?

Where 50% of the members disagree with the actions of the directors

Where the company has failed to pay its creditors for three months

When the main object of the company cannot be achieved

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Chapter21Insolvencyandadministration

C The 'just and equitable' ground will be applied where the object of the company cannot be achieved, such as, for example, where the company only existed to 'work a particular patent' Re German Date Coffee Co 1882. The other options are not grounds for the just and equitable winding-up of a company.

多做几道

Which of the following is a remedy available under the civil law?

A fine

Imprisonment

Damages

All criminal law cases begin in which of the following courts?

The County Court

The Magistrate's Court

The Crown Court

The Queen's Bench, Family and Chancery are all division of which court?

Crown Court

Supreme Court

High Court

Which of the following statements concerning cases brought before a Magistrate's Courts is correct?

The case is decided by the Magistrate rather than a jury

Only criminal cases are heard at a Magistrate's Court

Appeals are made directly to the Court of Appeal

Which of the following offences would only be heard at a Magistrate's Court?

An indictable offence

A summary offence

A 'triable either way' offence