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Leftist lawyers who were active within the Freedoms Committee of the Bar Association in the Eighties performed a key role in establishing the first wave of human rights organizations that used litigation as a method in promoting human rights.
The liquidator may neither start with funds to satisfy the creditors, nor with payments to the corporate members prior to the registration of the initial liquidation report, save for funds of liabilities arising from the company’s every day operations. The adopted initial liquidation report is registered in accordance with the registration act, within 15 days from the day of adoption. The liquidator compiles the initial liquidation report not sooner than ninety days, and not later than one hundred fifty days from the day of graduation of the liquidation and submits it throughout the similar deadline to the partners, general companions, i.e. The liquidation of an organization commences as of the day of registration of the choice on liquidation and by publication of an advertisement on the initiation of liquidation, in accordance with the registration act. Statements by the liquidator that each one collectors have been glad in full and that the company has not commenced with payments to the company members additionally constitute an integral part of the choice to terminate the liquidation. basic meeting for adoption. If a creditor whose declare is challenged fails to initiate a proceeding earlier than the competent court inside a time period of 15 days from the day of receipt of the discover that the claim is contested, and to notify thereof the company, in writing, inside the similar deadline, that declare is deemed precluded.
