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Question
Match the Pairs :
| Column A | Column B | ||
| 1. | Over-riding Preferential Payments | a. | In position to a all its creditors. |
| 2. | Preferential Payments | b. | Members of the company on the commencement of company's winding -up |
| 3. | Solvent Company | c. | Section 326 of Companies Act, 2013 |
| 4. | Liquidation of Company | d. | Realisation of Assets of the company |
| 5. | Contributories | e. | Section 327 of Companies Act, 2013 |
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Solution
| Column A | Column B | ||
| 1. | Over-riding Preferential Payments | c. | Section 326 of Companies Act, 2013 |
| 2. | Preferential Payments | e. | Section 327 of Companies Act, 2013 |
| 3. | Solvent Company | a. | In position to a all its creditors. |
| 4. | Liquidation of Company |
d. |
Realisation of Assets of the company |
| 5. | Contributories | b. | Members of the company on the commencement of company's winding -up |
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Liquidation of Companies
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