judicial dissolution

judicial dissolution definition - business

judicial dissolution

Court-ordered disbandment of a corporation or partnership. For example, a court may dissolve a corporation if it finds that the articles of incorporation were obtained through fraud.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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