Company dissolution halts operations and cancels the incorporation certificate, except for realising assets and paying liabilities. Company dissolution causes the company to cease operating from the date in the notice and the Certificate of Incorporation is deemed cancelled from that date, except that the company may continue solely to realise assets and to pay or discharge its liabilities and obligations.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Company dissolution halts operations and cancels the incorporation certificate, except for realising assets and paying liabilities.
Company dissolution causes the company to cease operating from the date in the notice and the Certificate of Incorporation is deemed cancelled from that date, except that the company may continue solely to realise assets and to pay or discharge its liabilities and obligations.
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