Dissolution of corporate debtor follows completed liquidation; liquidator application prompts administrative dissolution order and registry notification. Dissolution of a corporate debtor follows completion of liquidation when the liquidator applies; the adjudicating authority then orders dissolution from the date of that order and the liquidator must forward a copy of the order to the registry within seven days. The liquidation framework also allows closure of proceedings where the corporate debtor is sold as a going concern under the liquidation regulations, and such closure operates alongside the formal dissolution process.
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.
Dissolution of corporate debtor follows completed liquidation; liquidator application prompts administrative dissolution order and registry notification.
Dissolution of a corporate debtor follows completion of liquidation when the liquidator applies; the adjudicating authority then orders dissolution from the date of that order and the liquidator must forward a copy of the order to the registry within seven days. The liquidation framework also allows closure of proceedings where the corporate debtor is sold as a going concern under the liquidation regulations, and such closure operates alongside the formal dissolution process.
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