Consobs Authority On Dissolution

Summary

Consob does not have the authority to dissolve or liquidate a joint stock company solely because it was sanctioned by a pecuniary penalty under d.Lgs 231/2001. Consobs role is mainly in regulating securities markets, not company dissolution. Even if the company is listed, Consob cannot liquidate or dissolve it solely due to such a penalty.

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Under Italian law , can Consob request dissolution or liquidate a joint stock company l for the sole reason that it was sanctioned by a pecuinary penalty ex d.lgs */*? Simple answer dont use web . Does consob have authority to do the above?
Under Italian law, Consob does not have the authority to dissolve or liquidate a joint stock company solely because it was sanctioned by a pecuniary penalty under d.lgs */*. Consob's role is mainly in regulating securities markets, not company dissolution.
Can it request it ? Simple answer
No, Consob cannot request the dissolution or liquidation of a joint stock company solely due to a pecuniary penalty under d.lgs */*.
If its listed can it liquidate or dissolve it if it was sanctioned by pecuinary penalty ex */*? Simple answer
Case Rating: *
No, even if the company is listed, Consob cannot liquidate or dissolve it solely because it was sanctioned by a pecuniary penalty under d.lgs */*.