When it is deemed necessary, the court may, on the basis of the report mentioned in the preceding article, effect any of the following dispositions:
1.Measures of preservation on the property of the company; 2.Prohibition against transfer of registered shares; 3.Prohibition against release of the responsibilities of any of the promoters, directors, supervisors, managerial officers or liquidators; 4.Annulment of the release of the responsibilities of any of the Promoters, directors, supervisors, managerial officers or liquidators; this, however, shall not apply to any release effected one year prior to the institution of the special liquidation other than for any illegal purpose; 5.Assessment of any claim for damages arising from the responsibilities of any of the promoters, directors, supervisors, managerial officers or liquidators; and 6.Measures of preservation on the property of any of the promoters, directors, managerial officers or liquidators on account of any claim for damages mentioned in the preceding item.
Same Article Laws
Other Related Laws
Company Act Article 353Aug. 1, 2018
The inspector shall report to the court the following matters in consequence of the inspection:
1.Whether there have been any incidents for which any promoter, director, supervisor, managerial officer or liquidator should be responsible under Article 34, Article 148, Article 155, Article 193 or Article 224; 2.Whether a measure to preserve the property of the company is necessary; and 3.Whether it is necessary to employ a measure of preservation on the property of any promoter, director, supervisor, managerial officer or liquidator, for the exercise of any claim for damage by the company.
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