§ 69 Legal relations of company and shareholders

(1) Notwithstanding the company’s dissolution, until such time as its liquidation is completed the provisions of Division 2 and Division 3 apply in regard to the legal relations of the company and of the shareholders, unless the provisions of this Division and the nature of the liquidation require otherwise.

(2) The place of jurisdiction which the company had at the time of its dissolution remains the same until such time as the distribution of its assets has been completed.

Table of contents
Expert Notes for Legal Professionals
At this moment, a legal commentary is not yet available for this clause. We hope to help you by providing a translation of the wording of the law. Please contact us, if you would like to recommend a highly qualified author.
Previous Clause
§ 68 Signature of liquidators
Next Clause
§ 70 Duties of liquidators
Footnotes