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Involuntary Dissolution
The compulsory termination of a corporation or partnership by a court order, often due to failure to comply with legal requirements or insolvency.
Court Order
A formal statement issued by a court that requires a person or entity to do or refrain from doing something.
Private Parties
Refers to individuals or entities that are not part of the government or public sector, engaging in activities or agreements among themselves.
Government Initiated
Actions or policies started by a government agency or institution to address specific issues or regulate behavior.
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