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A court may remove a liquidator who does not properly perform their duties. Except in specific cases, a liquidator may resign at any time.
A court removes a liquidator who is not properly performing their tasks and appoints a new liquidator on the motion of a person who proves they have a legal interest in this matter. Only a court may remove a liquidator that it has appointed.
No one may be appointed a liquidator against their will. A liquidator may resign as a matter of principle. This does not apply if a member of a statutory body or a registered insolvency practitioner is appointed by the court, as persons in this position are not permitted to resign.read more
Reference to legal acts
Sections 191 and 194 of Act No 89/2012, the Civil Code, as amended
Compliance date: Last checked at 26.11.2020