To determine the most correct statement or the best combination of statements, let's analyze each statement:
A. Winding-up of insolvent companies are regulated by the 2008 Companies Act.
- This statement is not entirely accurate as winding-up is also regulated by other acts, notably the Insolvency Act.
B. The 1973 and 2008 Companies Acts and the Insolvency Act apply to the winding-up of companies.
- This statement is correct. Both the 1973 and 2008 Companies Acts, along with the Insolvency Act, govern the winding-up processes.
C. Both solvent and insolvent companies can be wound-up.
- This statement is also correct. Companies can be voluntarily wound-up if they are solvent (members' voluntary liquidation) or can be wound up if they are insolvent (creditors' voluntary liquidation or court-ordered liquidation).
D. Sec 2 of the 2008 Companies Act defines a debtor.
- Without reference to the specific content of the 2008 Companies Act, this statement cannot be confirmed as correct.
E. The term debtor in the Insolvency Act includes the estate of a natural person as well as the estate of a legal person.
- This statement is correct. The term "debtor" as per the Insolvency Act does refer to both individuals and entities.
Now, let's evaluate the options based on the correctness of the statements:
-
Statements B and C and E are correct.
- This option includes all correct statements.
-
Statements B and C are correct.
- This is also true, but this option omits E which is correct.
-
Statements C and D are correct.
- D may not be correct, so this option cannot be true.
-
Statements A and C are correct.
- A is incorrect, so this option cannot be true.
-
Statements B and D are correct.
- D may not be correct again, so this option also cannot be true.
Based on this analysis, the best option is:
Statements B and C and E are correct.