Commercial Companies Law

Article 319 — Article (319) Removal of Liquidator

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

1. The liquidator shall be dismissed in the same way as he was appointed. Any resolution or court order to dismiss a liquidator shall provide for the appointment of a new liquidator. 2. A liquidator's dismissal shall be entered in the commercial register and shall not be effective vis-à-vis third parties except of the date of such entry.

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