The registrar may reject the cancellation of a deposit of accounts if the administrator alleges error in the meeting that approved them
24 Jul 202691 views
Who is affected:
Administrators and commercial companies wishing to cancel deposits of accounts in the Mercantile Registry
Summary
An administrator cannot unilaterally cancel a deposit of accounts in the Mercantile Registry by alleging error. An agreement of the meeting or judicial resolution is required.
Detailed analysis
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The General Directorate of Legal Security and Public Faith resolves that the deposit of accounts registered in the Mercantile Registry cannot be cancelled by simple request of the administrator, even if alleging error in the certification of universal meeting. Registry entries are under the safeguard of the courts and …
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