• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
Free ACCA & CIMA online courses from OpenTuition

Free ACCA & CIMA online courses from OpenTuition

Free Notes, Lectures, Tests and Forums for ACCA and CIMA exams

  • ACCA
  • CIMA
  • FIA
  • OBU
  • Books
  • Forums
  • Search
  • Register
  • Login
  • ACCA Forums
  • Ask ACCA Tutor
  • CIMA Forums
  • Ask CIMA Tutor
  • FIA
  • OBU
  • Buy/Sell Books
  • All Forums
  • Latest Topics

Congratulations to Jamil from Pakistan and Jeeva from Malaysia - Global Prize winners!
see all ACCA December 2022 Genius Hunt Competition winners >>

Specially for OpenTuition students: 20% off BPP Books for ACCA & CIMA exams – Get your BPP Discount Code >>

Insolvency Act 1986 (Section -84)

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA LW Exams › Insolvency Act 1986 (Section -84)

  • This topic has 4 replies, 2 voices, and was last updated 1 year ago by MikeLittle.
Viewing 5 posts - 1 through 5 (of 5 total)
  • Author
    Posts
  • December 12, 2021 at 8:30 am #644020
    mammaryasir
    Participant
    • Topics: 1
    • Replies: 4
    • ☆

    Sec 84 (1) (a): It is mentioned that upon expiration of fixed duration of the company or upon occurrence of specific event for which the company articles provided that the company is to be dissolved….
    company in general meeting pass a resolution requiring it to be wound up voluntarily.

    Sec 84 (1) (b): if the company resolves by special resolution that it be wound up voluntarily;

    Clarification Required: IN 84 (1) (a), resolution means ordinary resolution? As for special resolution there is separate sub-clause

    Thank You

    December 14, 2021 at 5:50 am #644207
    mammaryasir
    Participant
    • Topics: 1
    • Replies: 4
    • ☆

    hi there,

    looking for clarification

    Thank You

    January 13, 2022 at 8:09 am #645806
    MikeLittle
    Keymaster
    • Topics: 26
    • Replies: 22702
    • ☆☆☆☆☆

    “Clarification Required: IN 84 (1) (a), resolution means ordinary resolution? As for special resolution there is separate sub-clause”

    Yes. Where the company has anticipated within its constitution a fixed term period for the company’s existence or where a specific anticipated event is mentioned within the constitution then an ordinary resolution will be sufficient to place the company into a voluntary liquidation

    Otherwise, a special resolution will be required

    OK?

    January 15, 2022 at 3:41 am #646079
    mammaryasir
    Participant
    • Topics: 1
    • Replies: 4
    • ☆

    thanks a lot

    January 15, 2022 at 6:52 am #646086
    MikeLittle
    Keymaster
    • Topics: 26
    • Replies: 22702
    • ☆☆☆☆☆

    You’re very welcome

  • Author
    Posts
Viewing 5 posts - 1 through 5 (of 5 total)
  • You must be logged in to reply to this topic.
Log In

Primary Sidebar

ACCA News:

 

ACCA My Exam Performance for non-variant Applied Skills exams is available NOW

NEW! Download the ACCA Pass Guide

FREE Verifiable CPD for ACCA Members

ACCA mock exams and debrief videos

ACCA Options:  “Read the Mind of the Marker” articles

Subscribe to ACCA’s Student Accountant Direct

Donate

If you have benefited from OpenTuition please donate.

ACCA CBE 2023 Exams

Instant Poll * How was your exam, and what was the result?

BT CBE exam was.. | MA CBE exam was..
FA CBE exam was.. | LW CBE exam was..

Specially for OpenTuition students

20% off BPP Books

Get BPP Discount Code

Latest comments

  • ashif94 on Revaluation Reserve – ACCA Financial Accounting (FA) lectures
  • jcacca15 on PPE – revaluation upwards – ACCA Financial Reporting (FR)
  • jcacca15 on PPE – Introduction – ACCA Financial Reporting (FR)
  • jcacca15 on PPE – Introduction – ACCA Financial Reporting (FR)
  • shazleen on ACCA AB Chapter 10 – Management – Questions

Copyright © 2023 · Support · Contact · Advertising · OpenLicense · About · Sitemap · Comments · Log in


We use cookies to show you relevant advertising, find out more: Privacy Policy · Cookie Policy