1. Without prejudice to the cases set forth in this decree law or any other law, if the Ministry, SCA or Competent Authority, within their respective areas of competence, is convinced that the company has ceased to carry on its business or that the company has been carrying on its business in violation of the provisions of this decree law and the implementing resolutions hereof, the Ministry, SCA or Competent Authority, as the case may be, notify that the its registration will be suspended and that its license will be suspended within three [3] months of the notice date, unless the company furnishes an acceptable excuse. 2. The Ministry, SCA or Competent Authority, as the case may be, shall deregister the company in case the suspension of registration continues for three [3] years, as of the registration suspension notice.
Interpretation and application must be checked against the official text and current version.