Article (48)
The liquidator shall carry out all the actions required for the Company’s liquidation, particularly to represent the Company before any judicial authority, fulfill the Company’s debts and obligations, and sell any movable or immovable asset in public auction, or any other means, provided that the liquidator appointment document did not stipulate a specific way to sell assets. In any case, the liquidator may not sell the Company’s assets as a whole before obtaining approval of the Company’s General Assembly.