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Hull Ltd is a private company limited by shares, which was incorporated in February 2007. The purpose of Hull Ltd, as defined in its memorandum of association, is to provide tax consulting services. Kate, Lui and Moss are the only shareholders of Hull Ltd with Kate holding 50%, Lui holding 30% and Moss holding 20% of the issued share capital of Hull LtD、After Moss’ death in November 2007, Moss’ shareholding devolved to his daughter, Mi

A、By March 2008, Hull Ltd has not commenced its business, and Mia suggests to Kate and Lui that Hull Ltd be wound up voluntarily or become a restaurant business. Kate agrees with either suggestion, but Lui disagrees with both.Required:Advise Mi
A、(10 marks)
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