Question Completion Status: Moving to another question will save this response. Question 5 Which of the following statements is TRUE? Only solvent companies may be wound up as a members voluntary winding up A company may be wound up voluntarily if the members in general meeting pass an ordinary resolution O A company can only be wound up on the grounds of Insolvency, O Prior to winding up a company the directors are required to make a declaration as to the company's solvency Moving to another question will save this response. MacBook Pro Remaining Time: 2 hours, 29 minutes, 07 seconds. Question Completion Status: Moving to another question will save this response. Question 6 You must provide a justification for your answer, referring to relevant case law or legislation to obtain full marks For the toolbar, press ALT+F10 (PC) or ALT=EN+F10 (Mac). BI V S Paragraph Arial 14px A I. Moving to another question will save this response. MacBook Pro