Legal Company
As a mandatory feature of bankruptcy serves the finding failure of the liquidated value of the assets the organization to meet the demands of creditors when there already taken the decision to liquidate. This can be identified as the executive body and liquidation commission firm. In the court considered the case of bankruptcy, when the aggregate claims of creditors exceeds 100,000 rubles. At Learn more you will find additional information. Head of the company-debtor or the liquidation committee chairman (Liquidator) shall in that case apply to the arbitration court for the debtor not later than one month after the detection of failure of the debtor firm's assets to satisfy creditors' claims. Failure to fulfill this obligation entails the subsidiary responsibility of the above persons for obligations arising after the expiration of that period.
It is therefore recommended in a timely manner on the issue of elimination and bankruptcy professionals to avoid liability (including vicarious). There are certain requirements, which if not entail the elimination of: – if the number of participants, Ltd (Company) exceeds 50, it subject to transformation into an open joint stock company (JSC) during the year. After this period, the company is subject to liquidation in court if the number of participants to fall below the legal limit – if the rest of the share capital after the expiration remains unpaid, the company must reduce the amount of share capital and register for this decrease or cease their activities through the elimination of – if the value of net assets is less than certain statutory minimum charter capital, the company be liquidated. .
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