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Cancellation and termination of the company

Forms of company cancellation

1) Without liquidation

  • the wealth goes to legal successor company transformation) - 52
  • when submitting a petition for bankruptcy where:
  • proposal rejected for lack of property,
  • cancellation of bankruptcy following the completion of the resolutions
  • cancellation of bankruptcy where the assets of the bankrupt is insufficient to cover bankruptcy costs; provided that the company has no property (except for matters excluded from the merits); the approval of the tax authority is not required for the deletion of the SO;

2) With liquidation - the company is abolished already at the moment of entering the liquidation."

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