when it becomes necessary to liquidate a company, the first step to be taken is the appointment of a?
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Correct Answer: Option D
Explanation:
A liquidator is appointed when a company is placed into liquidation. The liquidator takes control of the company's assets, settles its liabilities and distributes any remaining assets according to the applicable legal requirements.
A liquidator is appointed when a company is placed into liquidation. The liquidator takes control of the company's assets, settles its liabilities and distributes any remaining assets according to the applicable legal requirements.