The appointment of a receiver invariably results in the dissolution of the company.

Question

Quizplus · Accepted Answer

The appointment of a receiver does not necessarily result in the dissolution of the company. The receiver is appointed to take control of the company's assets and operations in order to repay debts or restructure the company. If successful, the company can continue operating. However, if the receiver determines that there is no viable path forward, they may recommend dissolution or liquidation of the company.

The Appointment of a Receiver Invariably Results in the Dissolution