Distinguish between administrator and liquidator

Assignment Help Accounting Basics

Reference no: EM13969511

1. (a) How is the voluntary winding-up of a company brought about?

(b) What decides whether a voluntary winding-up is controlled:

(i) by the members, or

(ii) by the creditors?

2. In relation to corporate insolvency distinguish between an administrator and a liquidator.

Reference no: EM13969511

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