Which of the Following Is a Ground Under S

question 3

Multiple Choice

Which of the following is a ground under s. 461 of the Corporations Act on which the court can order a winding up? I. The company has no members.
II) The company has not commenced business within one year of incorporation.
III) The court is of the opinion that it is just and equitable that the company be wound up.
IV) The company has resolved that it be wound up by the court.

• A) I and IV
• B) I, II and III
• C) II, III and IV
• D) I, II, III and IV

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