All sections · Part XVII: Striking Off, Winding Up And Dissolution · Sub-Part V: Provisions of General Application in Winding Up

336 La société s'engage à ne pas exercer d'activité après la dissolution.

This section has been amended. The text above is the 2016 wording; the amending provisions follow.

(1) Immédiatement après la liquidation d'une société (qu'il s'agisse d'une liquidation volontaire, d'une liquidation forcée ou autre(g), la société doit -.
(a) cesse d'exister en tant que personne morale établie ou maintenue en vertu de la présente loi ; et
(b) ne pas contracter de dettes ou d'obligations commerciales ou contractuelles.
(2) Tout membre d'une société qui cause ou permet à la société de contrevenir au paragraphe (2) (b) est personnellement responsable de toute dette ou obligation.

Translation for information only. Only the English original is legally binding.

Original wording (English, legally binding): Company not to undertake business once dissolved
(1) Immediately upon the dissolution of a company (whether by means of a
voluntary winding up, a compulsory winding up or otherwise), the
once dissolved
company —

(a) ceases to exist as a legal entity incorporated or continued under
this Act; and

(b) shall not undertake business or contract debts or obligations.

(2) Any member of a company who causes or permits the company to
contravene subsection (2)(b) is personally liable in respect of any debt or
obligation undertaken.

Amended since 2016

Act 32 of 2021 · 2021-08-02
51. Section 336(1)(a) of the principal Act is amended, by repealing the
word “continued”, and substituting therefor the words “continued, or
converted into a company”.
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