The Applicant's notice appears to be a difficult one. On the other hand, and from the objector's response, a more complex picture emerges, both with regard to the amount of the debt and with regard to its resolution, insofar as we are dealing with the rights of the employees.
In this regard, I will add and clarify that this decision does not prevent or detract from any right of an employee to proceed in the legal proceeding relevant to him, subject to the provisions of the law, including liquidation where he sees fit to do so. However, it is not possible in the framework of this application to decide issues relating to the relationship between the company's employees and the company, and even this should be clarified in the relevant proceeding.
- While taking into account all the factual data, the arguments of the parties, the provisions of the law and the rulings of the Honorable Supreme Court, I find that although the alleged facts are disturbing, the balancing point in the proceeding before me is not by way of issuing a liquidation order, already now, but rather that one of the parties should be allowed to continue to act, in accordance with and subject to the provisions of the law, including by way of taking legal proceedings that will lead to the provision of less extreme solutions in the system of the parties' relations, for example by way of separation (including coercion) or the creation of appropriate balances within the company, before taking an extreme step of liquidating the company.
I will add, however, and clarify that it is possible, and after examining and exhausting other alternatives, there will be no choice but to liquidate the company, but at this time, and before those alternatives are exhausted, there is no such injunction at this stage.
Finally, the liquidation request is denied.
Taking into account the data that was presented to me, and while even though the decision not to order the liquidation of the company at this time is not an application whose filing had no basis, I do not find that an order for costs should be made, and each of the parties will bear its own expenses.