Commercial Companies Law

Article 327 — Article (327) New Business Activities of the Company

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

The liquidator may not commence new business activities of the Company except those required to complete a prior activity. If the liquidator undertakes any new activity not required for liquidation, he shall be liable to the extent of his assets for such activities. If there is more than one liquidator, they shall be jointly liable.

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