(a) General rule.-- Upon application of any person aggrieved by any corporate action, the court may hear and determine the validity of the corporate action. (b) Powers and procedures.-- By entering an appropriate order, the court may enforce the production of any books, papers and records of the corporation and other relevant evidence that may relate to the issue. The court shall provide for notice of the pendency of the proceedings under this section to all persons affected thereby. If it is determined that no valid corporate action has been taken, the court may order a meeting to be held in accordance with section 5792 (relating to proceedings prior to corporate action). (c) Cross reference.-- See section 6145 (relating to applicability of certain safeguards to foreign domiciliary corporations). CHAPTER 59 AMENDMENTS, SALE OF ASSETS AND DISSOLUTION Subchapter A. Preliminary Provisions B. Amendment of Articles C. Sale of Assets D. (Reserved) E. Conversion (Repealed) F. Voluntary Dissolution and Winding Up G. Involuntary Liquidation and Dissolution H. Postdissolution Provision for Liabilities Chapter Heading. The heading of Chapter 59 was amended October 22, 2014, P.L.2640, No.172, effective July 1, 2015. SUBCHAPTER A PRELIMINARY PROVISIONS Sec. 5901. Omission of certain provisions from filed plans (Deleted by amendment). 5902. Statement of termination. 5903. Bankruptcy or insolvency proceedings. 5904. (Reserved). 5905. Proposal of fundamental transactions.
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