What is the statutory procedure to be followed when one of the partners fails to comply with the implementation of the company's voluntary liquidation procedures?
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Radiif AI Legal Assistant
⚡ Quick Answer:
The statutory procedure to be followed when one of the partners fails to comply with the implementation of the company's voluntary liquidation procedures is to request the appointment of a liquidator in accordance with the Companies Law, and not to file a lawsuit requesting judicial liquidation.
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