Article 96 — Entries Cancelled by Order

1/ The registering office shall, on its own motion, cancel the entries in the commercial register when it becomes aware that the trader has ceased to carry on his trade or a decision has been made to the effect that the trader lacks the capacity necessary to carry on trade or on other grounds that are deemed to be sufficient for cancellation of registration pursuant to other pertinent laws. 2/ Any law that provides for provisional cancellation of commercial registration as an administrative penalty, in the absence of a decision to dissolve and wind up, shall be of no effect. 3/ The cancellation order issued pursuant to Sub-Article (1) shall be notified to the trader concerned and other relevant bodies.