Question: Under the provisions of the Companies Act, 2017, a company may be wound up by the Court if the company has been carrying on unlawful

Under the provisions of the Companies Act, 2017, a company may be wound up by the Court 

if the company has been carrying on unlawful activities. 

 

 

 

 

 

List down the activities that shall be deemed to be unlawful.

Step by Step Solution

★★★★★

3.57 Rating (161 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

The Companies Act 2017 itself doesnt provide an exhaus... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Q:

Problem 8-9 Buying versus Leasing a Motor Vehicle [LO8-2] Purchase Costs $ 2,100 $ 530 Down payment Loan payment Leasing Costs Security deposit Lease payment End of lease charges $ 800 for 36 months...

Q:

2. MOS Capacitor on n-type substrate Consider a MOS capacitor with a p polysilicon gate and n-type silicon substrate. Assume Na = 106 cm for the substrate and let Ev - Ep = 0.2 eV in the p*...

Q:

A bicycle tire pump has a piston with an area of 0.44 in2. If a person exerts a force of 30 lb on the piston while inflating a tire, what pressure does this produce on the air in the pump? p = psi

Q:

Q.2 (a). Briefly state, with reasons, whether or not you consider the below mentioned companies to be a public company for tax purpose. (i) APL is a company incorporated under the Companies Act 2017...

Q:

Which of the following are partnerships? Tick the correct items. (a) Albert Haddock, fishmonger (b) Cook, Cook and Cook, solicitors (c) McEnroe and Co, butchers (d) Easthills Sports and Social Club...

Q:

(a) Why must every company have a registered office? What information about the registered office must be published? To what extent can the registered office of the company be changed and what...

Q:

5 Fred, a financier, has made a personal bid for the equity shares of Brick plc. He has acquired 92 per cent of the shares in Brick and intends to compulsorily acquire the rest. What is the legal...

Q:

Well Trust Bank (WTB) is a Limited Liability Company, registered under The Companies ACT 179 of 1963 at the Registrar Generals Department. It holds a universal banking license from Bank of Ghana. As...

Q:

3)MNP Private Ltd. is a company registered under the Companies Act, 2013 with a, Paid Up Share Capital of `45 lakh and a turnover of `3 crores. Explain the meaning of Small Company and examine the...

Q:

Explain provisions for Appointment of Trustee for Depositors under the Companies Act, 2013.

Q:

With reference to Problem 1.15, find the magnitude of the maximum shear stress and show by sketch the orientation of the plane it acts on.

Q:

Q1 conservation of mass? 0.3 Points Remember americium-241? It's an isotope that can be used in a radioisotope thermoelectric generator (RTG) to power spacecraft. Why? While plutonium-238 is...

Q:

f ( x ) = 1 x 2 + 2 e - 3 x + 2 l n ( x 2 ) - t a n 2 x

Q:

How is scope management different on agile projects?

Q:

What is the main technique used for validating scope? Give an example of scope validation on a project.

Q:

Describe Diffrent ways to develop a Work breakdown structure or WBS and explain why it is often so difficult to do.

Q:

can u please help me in writing annotated bibliography (250 word for each source )of following sources for research topic "impact of digital technology on education" What is the summary of the...

Q:

Annotated bibliography for following source for research topic of "Impact of digital technology on education". Turkle, S. (1999). Looking toward cyberspace: Beyond grounded sociology. Cyberspace and...

Q:

Correct answer WGU Student Pa X WGU Student Po X WGU Student Po X I one.nku.edu Module 5: APEA My QBank C apeaqbank.com/controlpanel.aspx Ca A Relaunch to updat MyQBank Samantha Springate - RANDOM...

Q:

Please provide a two page double spaced summary. Basel Liquidity Regulation: Was It Improved with the 2013 Revisions? By Micha Kowalik One of the surprises of the 2007-09 financial crisis was how...

Q:

Write up a short description of a topic in a Word document that you think you can write a 6-10 page paper on. The topic should be audit related S.E.C. Whistleblower Program: Overview and Analysis...

Q:

Write up a short description of a topic in a Word document that you think you can write a 6-10 page paper on. The topic should be audit related S.E.C. Whistleblower Program: Overview and Analysis...

Q:

AUDITING & ASSURANCE SERVICES PAPER AdoreU Children Fashion Ltd Mini Audit Project QUESTIONS Part A: Professional Ethics and Audit Planning BACKGROUND INFORMATION Wallace & Davey Partners, Chartered...

Q:

1. Taxes in the kingdom of Rodos Imagine that while cleaning out your great-grandfather's attic, you find a rucksack containing a journal and a sheaf of papers. Your great-grandfather, a noted...

Q:

Below are excerpts from Notes to consolidated financial statements of four companies reporting movements in provisions. Stora Enso (Finland IFRS Source: Annual report 2011 Production of paper)...