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Structural division: books
Article 490 — Rights of Creditors
New Ethiopian Commercial Code Proclamation No. 1243 2021 English Version
Article text
1/ Creditors who show up after the cancellation of the registration of the company in accordance with Article 489 of this Code, may claim against the shareholders to the extent of the share in the surplus assets received by the shareholders.
2/ Creditors may claim against the liquidators, where they have not been paid owing to the negligence of the liquidators.