(1) A liquidator, except as appointed by a court, may be removed from office at any time by a resolution adopted at a general meeting of shareholders.
(2) If a liquidator is considerably unfit for administrating the liquidation affairs or has acted in contravention of his/her material duties, any shareholder who holds shares representing no less than three percent of the total number of issued and outstanding shares may request the court to remove such liquidator from office. <Amended by Act No. 5591, Dec. 28, 1998>
(3) The provisions of Article 186 shall apply mutatis mutandis to lawsuits relating to a request under paragraph (2). <Amended by Act No. 5591, Dec. 28, 1998>