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Article L237-14 of the French Commercial code

I. – In the absence of clauses in the articles or of an express agreement between the parties, the liquidation of the dissolved company shall be carried out in accordance with the provisions of this section, without prejudice to the application of the first section of this chapter. II. – In addition, it may be ordered by court decision that such liquidation shall be carried out under the same conditions…

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Article L237-17 of the French Commercial code

In the absence of statutory auditors, and even in companies which are not required to appoint statutory auditors, one or more auditors may be appointed by the shareholders under the conditions set out in I of article L. 237-27. Failing this, they may be appointed, by court order, at the request of the liquidator or any interested party. The deed appointing the auditors shall determine their powers, duties and remuneration…

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Article L237-18 of the French Commercial code

I. – One or more liquidators are appointed by the members, if the dissolution results from the end of the statutory term or if it is decided by the members. II. – The liquidator is appointed : 1° In general partnerships, unanimously by the partners; 2° In sociétés en commandite simple, unanimously by the general partners and by a capital majority of the limited partners; 3° In sociétés à responsabilité…

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Article L237-21 of the French Commercial code

The liquidator’s term of office may not exceed three years. However, this term of office may be renewed by the shareholders or the president of the commercial court, depending on whether the liquidator was appointed by the shareholders or by court order. If the shareholders’ meeting could not be validly convened, the term of office is renewed by court order, at the request of the liquidator. When requesting the renewal…

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