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Structural division: books › party › CHAPTER NINE
Article 479 — Survival of the Company During Winding-Up
New Ethiopian Commercial Code Proclamation No. 1243 2021 English Version
Article text
1/ Until winding-up is completed, the company shall retain its legal personality and name, to which the words “in liquidation” shall be added.
2/ During winding-up, the management organs of the company shall restrict their activities only to acts necessary to facilitate the winding-up which do not fall within the scope of powers of the liquidators.