Site navigation

At the time of winding up, shareholders of the company are known as _______.

At the time of winding up of a company, its shareholders (both past and present members, including holders of fully paid-up shares) are legally termed as 'Contributories'…

Choose your answer

At the time of winding up, shareholders of the company are known as _______.

Select one answer
Answer and explanation

Correct answer B

At the time of winding up of a company, its shareholders (both past and present members, including holders of fully paid-up shares) are legally termed as 'Contributories' under Section 2(26) of the Companies Act, 2013.

Practice for these exams

Related question papers

Related exam syllabi

Related questions in this topic