1. Without prejudice to the situations provided for in this Decree Law or in any other law, if the Ministry, the SCA or the Competent Authority, each according to its respective jurisdiction, confirms that the Company has ceased to conduct its business or that it conducts its business in violation of this Decree Law and its implementing resolutions, the Ministry, the SCA or the Competent Authority, each according to its respective jurisdiction, shall notify the Company that it will be deregistered within three [3] months of the date of the notice, unless good excuse is furnished. 2. If, after the three [3] months period specified in Clause 1 of this Article, the Ministry, the SCA or the Competent Authority, each according to its respective jurisdiction, receives confirmation that the Company's operations remain suspended, or that the Company has not shown good cause for the suspension, the matter will be referred to the competent court for the Company to be put into liquidation. 3. The liability of the Directors, managers, shareholders and partners of the Company that is deregistered in accordance with the provisions of this Article shall continue as if the Company had not been dissolved.
Interpretation and application must be checked against the official text and current version.