The judicial liquidation: definition, process, consequences

What is a winding up by the court. What is the role of a legal agentNote: The act has established a regime of judicial liquidation simpler for businesses whose turnover does not exceed, which had not more than five employees during the last six months and whose assets shall not include any property (see below).

All companies are concerned, some either their sector of activity or legal form: To enter into the judicial liquidation procedure, the company must be insolvent, that is to say, in a situation of not being paid vis-à-vis third parties: suppliers, social organizations, URSSAF, tax authorities, etc, The court will appoint the liquidator, judicial representative to the winding-up: it is often the same person who represents the creditors during the proceedings for legal redress (if it took place).

The liquidator carries out the liquidation operations of the assets of the defaulting company. It is in the interest of the creditors, checking the status of claims and their order of priority.

Note: creditors must declare their claim to the legal representative within a time limit fixed.

The opening of the liquidation procedure leads to the arrest of the course of the late-payment interest and registrations. The court pronounces the closure of the liquidation when there is extinction of the liability or insufficiency of assets. The judgment closing to stop the actions of creditors to recover outstanding amounts The liquidator prepares the accounts and present them to the head of the company in the three months of the judgment closing and shall deposit at the registry of the commercial court.

The act has established a regime of judicial liquidation simpler for businesses whose turnover is less than, less than six employees in the last six months and whose assets do include any real property.

The liquidation simplified court must be closed in the period of one year only from the date of judgment of the opening. In this accelerated procedure: Manager of a company in but has not been able to open my company for problems with the old manager so I preferred to make a winding up by the court. so four months without activities Date November the rsi claims me euros I don't understand what should I do knowing that I am at the rsa. I am wiped out Contains three essential documents: a guide to the study of market template business plan Word template financial plan in Excel.