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LawTreeSectionID=13103&language=en&lawId=3984
Article 298
In all cases, the functions of the liquidator shall not end as a result of the death of
the partners or their bankruptcy, insolvency or sequestration, even if he was
appointed by them. The liquidator shall receive a remuneration to be determined
in the letter of his appointment, otherwise the court shall decide on the same.
Article 299
The liquidator shall declare the decision of his appointment, the limits imposed
on his authorities, the agreement of the partners or the decision of the general
assembly as to the method of liquidation or the judgment issued in this regard,
using the same method prescribed for amending the Articles of Association of
the company or its Memorandum. The appointment of the liquidator or the
method of liquidation shall be binding upon the third parties with effect from the
date of declaration.
Article 300
Should there be more than one liquidator, their actions shall be valid only with
unanimous approval, unless otherwise provided for in their appointment
instrument by the appointing authority.
Article 301
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