Liquidation of legal entities: the important aspects

What liquidation of legal entities?This procedure, which resulted in the exclusion becomes a particular organization from the register.Why do so many businesses can not independently eliminate the legal entity through which they carry out their business and seek to do the lawyers?The bottom line is that any kind of liquidation of enterprises is fraught with a lot of nuances, which are sure to know.Separate their study is possible, however, much easier to apply for the achievement of the tasks to the professionals.

liquidation of legal entities - a lengthy process.Reasons for the decision on her early, may be different.In some cases they are associated with the presence of unbearable debt in others - business has become irrelevant, and so on.

First of all, we should say that it can be carried out not only voluntarily, but by force.As the name implies, in the first case, the founders decide to liquidate his company, in the second case oblige them to do so.Who may order to eliminate the legal entity?Only the court, no one owns no such powers.

liquidation of legal entities associated with the passage of numerous procedures, collection of documents and so on.It is also important to remember that it takes place during the satisfaction of creditors' claims.Due to what these requirements are met?At the expense of funds from the settlement account of the organization, as well as from the funds that are received after the sale of the property company.People get what they need to get (in this order).The idea is that meeting these requirements is carried out at a time.As founders get by?Just because a lender will not go away.The distribution of the remaining assets among creditors is carried out in direct proportion to their shares in the authorized capital.

liquidation of legal entities, as a rule, is delayed only when the company has too much debt.They may be not only to creditors, but before tax and non-budgetary funds, and so on.If you can not pay all, the organization can be declared bankrupt.

liquidation of legal entities: Bankruptcy Bankruptcy

also called failure.Here everything is quite difficult.The court did not only make a decision on the recognition of the company insolvent, but appoints a liquidation committee and the liquidator.

feature of bankruptcy is that after it is sold all assets of the company and the lenders who got nothing, will not be able to make claims to the founders.By the way, personal property liability shall last only in the most exceptional cases.

reorganization and liquidation of legal entities

reorganization is often equated with the liquidation.What's the Difference?The fact that when it takes place succession.Her following form:

- merger;

- connection;

- selection;

- separation.

liquidation of legal entities - the most complicated process.