There is a newer version
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the New York Laws
2017 New York Laws
BSC - Business Corporation
Article 11 - Judicial Dissolution
1116 - Discontinuance of Action or Special Proceeding.
Universal Citation: NY Bus Corp L § 1116 (2017)
1116. Discontinuance of action or special proceeding.An action or special proceeding for the dissolution of a corporation may be discontinued at any stage when it is established that the cause for dissolution did not exist or no longer exists. In such event, the court shall dismiss the action or special proceeding and direct any receiver to redeliver to the corporation all its remaining property.
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