question_answer

         Which of the following statement is False             

A)  The preference shareholders are legally entitled to the repayment of capital in the event of liquidation of the company

B)  A company being a creation of law cannot die a natural death. It comes to an end by law through the process of liquidation

C)  If a company makes a default in delivering the statutory report to the registrar or in holding the statutory meeting, then company is compulsorily wound up by the court

D)  Creditors voluntary winding up applies to insolvent companies