English
1/ a one member private limited company may not
establish another one person private limited company.
2/ any interested party may apply to the court with
jurisdiction at the place of incorporation for the
dissolution of the company formed in violation of the
provision of sub-Article 1 of this Article.
3/ Notwithstanding the provisions of Sub-Article
(2) of
this Article, the member and the company shall be
jointly and severally liable for any damage incurred
by third parties owing to the violation of the
prohibition under Sub-Article
(1) of this Article.
