【分析解答题】

AB

C、Limited is a private limited liability company having 99% of its issued shares subscribed to by JohnAbela and the remaining 1% by his brother PaulAbel
A、PaulAbela also holds the post of director together with his brother. PaulAbela passed away in January 2007 leaving his brother JohnAbela as his sole heir.Despite such events

AB

C、Limited has continued to trade.Required: (b)Explain who, and on what grounds, may take action on the basis ofArticle 214 of theCompaniesAct, 1995 to place

AB

C、Limited into liquidation. (6 marks)