Introducing the “In Favour Of” filter in Case Laws.
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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>Deadline Set for Company Dissolution; Tribunal May Revise, Investigate Fraud, Order Asset Sale, and Protect Assets.</h1> The Tribunal, upon reviewing the Company Liquidator's report, sets a deadline for completing proceedings and dissolving the company. It can revise this deadline if continuing is deemed uneconomical. The Tribunal may order the sale of the company or its assets and appoint a sale committee to assist. If fraud is reported, the Tribunal will initiate an investigation and may order legal action against those involved. Additionally, the Tribunal can take necessary steps to protect the company's assets and issue further orders as deemed appropriate.
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