← belizelaw.ai · International Business Companies, Cap. 270 · PART IX — Winding-Up, Dissolution and Striking Off

Effect of striking off

Cap. 270, s. 109 · Revised Edition 2020

(1) Where the name of a company has been struck off the Register, the company, and the directors, members, liquidators and receivers thereof, may not legally– (a) commence legal proceedings, carry on any business or in any way deal with the assets of the company; (b) defend any legal proceedings, make any claim or claim any right for, or in the name of, the company; or (c) act in any way with respect to the affairs of the (2) Notwithstanding sub-section (1), where the name of the company has been struck off the Register, the company, or a director, member, liquidator or receiver thereof, may– (a) make application for restoration of the name of the company to the Register; (b) continue to defend proceedings that were commenced against the company prior to the date of the striking-off; and (c) continue to carry on legal proceedings that were instituted on behalf of the company prior to the date of striking-off. (3) The fact that the name of a company is struck off the Register does not prevent116 (a) the company from incurring liabilities; (b) any creditor from making a claim against the company and pursuing the claim through to judgment or execution; or (c) the appointment by the court of an official liquidator for the company under section 110.
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