UDK 347.736:347.72
Biblid: 1451-3188, 17 (2018)
Vol. 18, No 63, str. 177-192

Izvorni naučni rad
Primljeno: 01 Jan 1970
Prihvaćeno: 01 Jan 1970


Petrović Pero (Научни саветник,Институт замеђународну политику и привреду, Београд), pera@diplomacy.bg.ac.rs
Protić Marina

Liquidation is one way of ending the activity of a commercial company, whereby during the procedure, it continues its activities in the same organizational scheme retaining its legal status until the end of the liquidation proceedings, although significantly reduced. Since the liquidation of a company may only be carried over a solvent business organization, it is the basic characteristic by which the liquidation differs from bankruptcy because the bankruptcy proceedings are conducted in respect of an insolvent company. As a rule, liquidation is carried out over a timelimited duration company. The liquidation occurs because of non-financial reasons which distinguish it from bankruptcy that occurs because of the insolvency of the company. The liquidation procedure is carried out in legally determined cases, after concluding the debtor’s obligations could be settled from its assets if a solvent company is in question. From the beginning of this procedure, only the purpose of the company is being changed. From this moment its intention is not to make a profit but to carry out the liquidation of the company assets and their distribution to the authorized persons. All debts are being settled, while the rest of liquidation surplus is distributed among the company’s members.

Ključne reči: European Union, liquidation, commercial companies, according, act