LEGAL ENVIRONMENT OF COMPANY LIQUIDATION
Keywords:
Liquidation, company, managementAbstract
The liquidation of a company is one of the ways prescribed by law to terminate a company, which is carried out in situations where the company is not over-indebted and when there are sufficient funds to settle obligations to creditors. Within this work, the legal environment of the liquidation of companies in the broadest sense is presented, with special emphasis on the regulations governing the legal position of companies that make a profit. Through theoretical and practical processing, we focused our attention on the importance of the correct application of legal procedures in order to effectively close business entities while preserving legal certainty in business transactions. It also analyzes the difference between liquidation and bankruptcy proceedings, as well as relevant case law and comparative solutions from European law.Downloads
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Copyright (c) 2026 Dejan Gojkov, Ivan Milojević (Author)
This work is licensed under a Creative Commons Attribution 4.0 International License.
