The liquidator shall complete his mandate within the period specified in the document appointing him. If no such period is stated, any partner may bring the matter to the competent court for a liquidation period to be determined. The liquidation period may only be extended by resolution of the partners or by Special Resolution of the General Assembly, as the case may be, once a report from the liquidator has been reviewed explaining why the liquidation was not completed on time. If the liquidation period had been determined by the competent court, it may not be extended without the court's consent.
Interpretation and application must be checked against the official text and current version.