George Etomi Courtroom Mail business Law Prize- Question 2

38 thoughts on “George Etomi Courtroom Mail business Law Prize- Question 2”

1. 1. Yes, A company may be wound up by an ordinary resolution if it is voluntary.

   2. Nigerian Civil Aviation Authority (NCAA)

2. 2. Nigerian Civil Aviation Authority

3. 1. False

   2. Nigerian Civil Aviation Authority

4. 1.true
   2.Nigerian Civil Aviation Authority

5. 1. False. A company may be wind wound voluntarily by special resolution.

   2. Nigerian Civil Aviation Authority (NCAA)

6. 1. True
   2. Nigerian Civil Aviation Authority

7. 1. True, a company can be wound up by ordinary resolution if it is voluntary
   2. Nigerian Civil Aviation Authority

8. 1. Yes, a company may be wound up by an ordinary resolution in cases where the period fixed for its duration by the Articles expires or an event occurs, the occurrence of which the Articles provided that the company may be dissolved.

   2. Nigerian Civil Aviation Authority

9. 1. False 2. Nigerian Civil Aviation Authority

10. 1. False, it should be by a special resolution.

    2. Nigerian Civil Aviation Authority.

11. 1. Yes, a company may be wound up using an ordinary resolution if for voluntary winding up.
    2. Nigerian Civil Aviation Authority (NCAA)

12. 1. False.
    2.Nigerian Civil Aviation Authority (NCAA)

13. 1. False, it is by special resolution.
    2 Nigerian Civil Aviation Authority

14. 1. False
    2. Nigerian Civil Aviation Authority (NCAA)

15. 1. True
    2. Nigerian Civil Aviation Authority

16. 1. False
    2. Nigerian Civil Aviation Authority

17. 1. True, a company may be wound up by an ordinary resolution in cases where the period fixed for its duration by the Articles expires or an event occurs, the occurrence of which the Articles provided that the company may be dissolved.

    2. Nigerian Civil Aviation Authority

18. 1. True

    2. The Nigerian Civil Aviation Authority . With the combined effect of Regulation 2.1.2 of Part 4 of the Nigerian Civil Aviation Regulations and civil Aviation Act 2006.

19. 1. True
    2. Nigerian Civil Aviation Authority (NCAA)

20. 1. True
    2. Nigeria Civil Aviation Authority

21. 1. False. (It should be by a special resolution).
    2. Nigerian Civil Aviation Authority

22. 1. True. A company may be voluntarily wound up by an ordinary resolution where the period fixed for its duration expires or the occurrence of an event provided for in the articles occurs.

    2. Nigerian Civil Aviation Authority (NCAA)

23. 1. False. Voluntary winding up of a company must be by a special resolution ( section 457(b) CAMA)
    2. Nigerian Civil Aviation Authority ( NCAA)

24. 1. True
    2. Nigerian Civil Aviation Authority (NCAA)

25. 1) TRUE

    2) Nigerian Civil Aviation Authority (NCAA)

26. 1. False.
    2. Nigerian Civil Aviation Authority.

27. 1. False
    2. Nigerian Civil Aviation Authority (NCAA)

28. 1. True
    2. Nigerian Civil Aviation Authority

29. 1. True
    2. Nigerian Civil Aviation Authority.

30. . True. A company will be voluntarily wound up by an ordinary resolution in a situation where the period fixed for its duration expires or the occurrence of a purpose provided for in the articles occurs.

    2. Nigerian Civil Aviation Authority (NCAA)

31. 1. False
    2. Nigerian Civil Aviation Authority

32. 1. True. A company will be voluntarily wound up by an ordinary resolution in a situation where the period fixed for its duration expires or the occurrence of a purpose provided for in the articles occurs.

    2. Nigerian Civil Aviation Authority (NCAA).

33. 1. False
    2. Nigerian Civil Aviation Authority (NCAA)

34. 1. True. If the article specifies a specific period and the period has expired. A ‘resolution’ may be passed. Its only if it is a creditor’s voluntary winding up then the resolution to be passed to wind up the company must be special resolution.
    2. Nigerian Civil Aviation Authority.

35. 1. False
    2. Nigerian Civil Aviation Authority (NCAA)

36. 1. FALSE
    2. NIGERIAN CIVIL AVIATION AUTHORITY (NCAA)

37. 1. False

    2. Nigerian Civil Aviation Authority (NCAA)

38. This comment will close now.
    The Answers are
    1. False-For voluntary winding up,you need a special resolution.
    2. Nigerian Civil Aviation Authority