English
1/ Where a company has been entered in the commercial
register, it shall have legal personality
notwithstanding that all the legal requirements
relating to the formation of a company have not been
complied with.
2/ Notwithstanding the provisions of Sub-Article
(1) of
this Article, where the interests of creditors or
shareholders are endangered by the non-compliance,
the court, may, on the application of one of the
creditors or shareholders, order the dissolution of the
company or corrective measures be taken swiftly. An
application pursuant to this Sub-Article may be
brought only within one year from the date of entry of
the company in the commercial register.
