Involuntary Corporate Dissolution Right
Involuntary corporate dissolution happens when the government lawfully liquidates an existing corporation for reasons like the company’s inability to follow trading rules and regulations or the firm’s engagement in illicit commercial operations like fraud. Veziroglu (2019) opines that if a corporation voluntary or involuntary violates the trading rules and regulation, it is subject to getting dissolved by the government involuntarily. Although the government has powers to regulate, control and even

