Hanyuchong Overcomes Dissolution Crisis... Court Orders "Cancellation of Establishment Revocation"
[Asia Economy Reporter Kim Hyung-min] The Korea Kindergarten Association (Hanyuchong) has overcome the crisis of establishment cancellation.
The Seoul Administrative Court, Administrative Division 6 (Presiding Judge Lee Sung-yong) ruled in favor of the plaintiff on the 31st in the lawsuit filed by Hanyuchong against the Seoul Metropolitan Office of Education to cancel the revocation of corporate establishment approval.
Hanyuchong's corporate establishment approval was revoked by the Seoul Metropolitan Office of Education on April 22 last year, on the grounds that it harmed the public interest by conducting a 'school opening delay protest' in March last year and engaged in collective actions performing activities beyond the purposes stated in its articles of incorporation.
Hot Picks Today
"Stocks Are Not Taxed, but Annual Crypto Gains Over 2.5 Million Won to Be Taxed Next Year... Investors Push Back"
- "Not Jealous of Winning the Lottery"... Entire Village Stunned as 200 Million Won Jackpot of Wild Ginseng Cluster Discovered at Jirisan
- Bull Market End Signal? Securities Firm Warns: "Sell SK hynix 'At This Moment'"
- Andong, Venue of Korea-Japan Summit, to Be Promoted as a Top Japanese Tourist Destination
- "Even With a 90 Million Won Salary and Bonuses, It Doesn’t Feel Like Much"... A Latecomer Rookie Who Beat 70 to 1 Odds [Scientists Are Disappearing] ③
Hanyuchong filed an administrative lawsuit requesting the cancellation of this disposition. They also applied for a suspension of execution to halt the effect of the disposition until the judgment was made. This application was accepted in July last year, suspending the effect of the corporate cancellation disposition until 30 days after the first trial judgment. Meanwhile, the Seoul Metropolitan Government announced plans to appeal this ruling.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.