Colombian Commercial Code - Decree 410 of 1971 - Book II - Of Corporations - Part I - Partnership Agreement - Chapter X - Social Settlement Heritage - From Article 225 to Article 259
COLOMBIAN COMMERCIAL CODE CHAPTER X Liquidation of corporate assets Article 225 .- During the liquidation the shareholders' meeting or the assembly will meet on the dates indicated in the statutes for their regular sessions. Also, when summoned by the liquidators, the auditor or the Superintendency, in accordance with general rules. Article 226 .- The liquidators will present at the regular meetings of the Assembly or members of the board of liquidation, with a reasoned report on its development, a balance sheet and a detailed inventory. These documents will be available to members during the term of the call. Article 227 .- While no record is made and the appointment of liquidators, acting as such persons are registered in the commercial register of the registered office as representatives of society. Article 228 .- The liquidation of corporate assets by a liquidator will be especially appointed under the statutes or the law. Va...
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