What is the resolution required to initiate voluntary liquidation?

To initiate a voluntary liquidation, a resolution to wind up the company is necessary. This resolution is typically passed by the company's shareholders or members during a general meeting. It signifies the formal decision to dissolve the company and proceed with the liquidation process. The resolution is a critical step, as it initiates the legal proceedings that lead to the appointment of a liquidator, who will manage the distribution of the company's assets and settle its debts.

The other options, while involved in the broader process of liquidation, do not represent the initial step required to start voluntary liquidation. An agreement by creditors is relevant in a creditors' voluntary liquidation scenario, but the resolution to wind up is the primary action taken by shareholders. Nominee approval relates to the process of appointing a liquidator and comes after the resolution has been passed. Finally, the appointment of a liquidator occurs only after the resolution to wind up the company has been made, making it a subsequent step in the process.