Головна

Article 61. Liquidation of the Legal Entity

  1. Article 160. The Written Form of the Deal
  2. Article 18. Term of the Contract
  3. Article 218. The Grounds for the Acquisition of the Right of Ownership
  4. Article 29. Recognizing the Citizen as Legally Incapable
  5. Article 433. The Moment of the Conclusion of the Contract
  6. Article 48. The Concept of the Legal Entity
  7. Article 55. The Representations and the Subsidiaries

1. The liquidation of the legal entity shall entail its termination without the transfer of its rights and duties to the other entities by way of legal succession. 
2. The legal entity may be liquidated: - by the decision of its founders (participants), or of the legal entity's body, authorized for this by the constituent documents, including in connection with the expiry of the term, for which the given legal entity has been created, with its achieving the goal, for the sole purpose of which it has been established;
- by the court decision in case of gross violations of law made in the establishment thereof, where these violations cannot be rectified, or of the performance of an activity without a proper permit (license), or of an activity, prohibited by the law, or with other gross violations of the law or of the other legal acts, or in case of the systematic performance by the public or by the religious organization (the association), by the charity or the other fund of an activity, contradicting the goals, set in its Rules, and also in the other cases, stipulated by the present Code.
3. The claim for the liquidation of the legal entity on the grounds, stipulated in Item 2 of the present Article, may be lodged with a court by the state body or by the local self-government body, to which the right to present such a claim has been granted by the law. By the court decision on the liquidation of the legal entity, the fulfillment of the duties, involved in implementing the liquidation of the legal entity, may be imposed upon its founders (participants), or upon the body, authorized to effect the liquidation of the legal entity by its constituent documents.
4. The legal entity, which is a commercial organization or which operates in the form of a consumer cooperative, a charity or another fund, shall also be liquidated in conformity with Article 65 of the present Code as a result of its being recognized as insolvent (bankrupt). If the cost of the legal entity's property proves to be insufficient to satisfy the creditors' claims, it shall be liquidated only in conformity with the procedure, stipulated by Article 65 of the present Code.
The provisions on the liquidation of the legal entities as a result of their insolvency (bankruptcy) shall not be extended to the state-run enterprises.

 



Article 55. The Representations and the Subsidiaries | Individuals. Article 19. The Name of the Citizen

The Content of Right Of Ownership. | Article 218. The Grounds for the Acquisition of the Right of Ownership | Common ownership by spouses. | Article 48. The Concept of the Legal Entity | Main features of legal entity. | Passive Capacity. (Правоспособность) | The Active Capacity of the Minors of 14-18 Years of Age | Article 29. Recognizing the Citizen as Legally Incapable | Article 160. The Written Form of the Deal | Article 433. The Moment of the Conclusion of the Contract |

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