A dissolution that is not initiated by corporate shareholders
The right to end the legal existence of a corporation or entity without the consent of the corporation, which belongs to the state or through the granting of a petition to the court by a specified percentage of shareholders on grounds that are defined by statute.
Dissolution forced upon a corporation, usually by the state, rather than decided upon by the corporation.
The termination of a corporation legal existence pursuant to an administrative or judicial proceeding, dissolution forced upon a corporation rather than decided upon by the corporation.
The forced dissolution of a corporation by a court or administrative action.
The dissolution forced upon a corporation by a court or administrative action.
When a corporation fails to file it's Annual Report, the state of incorporation will eventually dissolve the company.