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High Court shall order the winding up of a banking company
if the banking company is unable to pay its debts;
if an application for its winding up has been made by the Reserve Bank .
both a and b
none of the above
Section 38 of the act talks about the winding up of banking company
High Court shall order the winding up of a banking company- (a) if the banking company is unable to pay its debts; or (b) if an application for its winding up has been made by the Reserve Bank under section 37 or this section
By: SHIKHA PURI ProfileResourcesReport error
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