Under s. 461 of the Corporations Act, general grounds on which the court can order a winding up include:

1. The company has no members.
2. The court is of the opinion that it is just and equitable that the company be wound up.
3. The company has not commenced business within twelve months of its incorporation.
4. The company has by the special resolution resolve that it be wound up by the court order

Question 2 options:

a)

I, II and IV

b)

II, III and IV

c)

II and III only

d)

I, II, III and IV