【Answers】
12 A liquidation committee is formed
A meeting of members will be called
The liquidation committee will consist of between three and five creditors and members. The members' meeting will be
called to resolve to wind up the company, nominate a liquidator and up to five members to join the liquidation committee.
14 When the letter is posted The postal rule is an exception to the general principle that acceptance needs to be
communicated. The acceptance is effective at the point at which the letter enters the postal system, even if it never arrives,
as in Adams v Lindsell (1818).
15 De facto director Sophia is a de facto director as she has been held out to be a director to the outside world but has
never been properly appointed.
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