Whenever any corporation refuses, fails, or neglects to obey any order or decree of a competent court within the time fixed by the court for its observance, such refusal, failure or neglect shall be a sufficient ground for the appointment of a receiver of the corporation. If the corporation be a foreign corporation, such refusal, failure or neglect shall be a sufficient ground for the appointment of a receiver of the assets of the corporation within the United States Virgin Islands.
Failure of corporation to obey court order; appointment of receiver
13 V.I.C. § 343 — under General Corporation Law.
13 V.I.C. § 343