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1. Briefly discuss the ways in which a company may be wound up, indicating in each case the likely circumstances in which each is applicable.

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1. Briefly discuss the ways in which a company may be wound up, indicating in each case the likely circumstances in which each is applicable. 2. Outline the powers of a liquidator in winding up a company: (a) under a court order b) in a voluntary winding-up. 3. What must a liquidator do if he or she is unable to collect unpaid call money from shareholders? 4. Explain the duties of the trustee. 5. Who can be a trustee according to Companies act 2015 refer to section 297? 6. How can the borrower replace the trustee? 7. Suppose you won a financial literacy competition and are given FJS10000 to invest, with the condition that investment can be done either in, i) Invest in Unit trust of Fiji or ii) Invest in Fijian Holding Unit Trust Explain where will you invest with reasons

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