Commercial Companies Law

Article 318 — Article (318) Resolution Appointing a Liquidator

Part Eight: Termination of the Company's MOA · Chapter Two: Liquidation of Company and Distribution of Assets

The liquidator shall enter the resolution appointing him and the agreement of the partners or the resolution of the General Assembly concerning the method of liquidation or the relevant court order in the commercial register. The liquidator's appointment or the liquidation method shall not be effective vis-à-vis third parties until it is entered in the commercial register. The liquidator's fee shall be specified in the document appointing him or else shall be determined by the competent court.

WAWhatsAppTGTelegram