Brief English Introduction
This note highlights the draft interpretation’s proposed path for legal representatives to seek change or expungement of registration information through litigation. It also explains the transaction-security compromise: until the register changes, the company may remain bound to good-faith counterparties.
Use It For
Use it alongside the Norton Rose note to compare practitioner readings of the same draft provisions.
Teaching Notes
Ask students how the law should allocate loss when resignation has taken effect internally but the public register remains unchanged.