LawRegulatory Compliance

Role and composition of the Liquidation Commission under the Liquidation of the LLC

After the decision was made to liquidate the existing organization, and the decision was notified to the registration authority, in consultation with the registering body, the company's founders must appoint a special liquidation commission. This commission establishes the deadlines for liquidation through sale, as well as the liquidation order itself.

Liquidation commission at closing of the company

Composition

As we said before, the role and composition of the liquidation commission in the liquidation of the LLC is approved by the head of the body, which took the decision to liquidate the operating company. Who can be included in the commission:

  1. The founders of the company.
  2. Representatives of the founders.
  3. Leadership.
  4. Employees of a legal entity.

Regarding the last point - in most cases, the liquidation commission includes a personnel officer, chief accountant, financiers or lawyers. After the composition of the liquidation commission was approved, all the functions of managing the company will pass to it without exception.

Functions of the Commission

Due to the fact that the liquidation commission has the full right to dispose of all the company's finances, it is necessary to legalize it in some way. The owner must submit to the bank the original decision to liquidate his company by re-signing the signature in the bank's account card to the person responsible for maintaining the accounting and the chairman of the commission.

It should be noted that each of the steps in the liquidation of the company must find its own mapping in the Unified State Register of Legal Entities (for example, entry into the Moscow region also involves the entry of an organization that has received admission into a single register). Thus, initially it is necessary to send a notification about liquidation of the company (on a specially approved form). After this, it is necessary to notify the register's employees that a liquidation commission has been formed.

Paper to the inspection bodies

In the registration authority you send a special notice about the formation of the liquidation commission of a legal entity. On the basis of such a document, the necessary entries are made in the Unified State Register of Legal Entities for the formation of a liquidation commission, the appointment of liquidators. The record also contains data on the head of the liquidation commission.

As you can see, the role of the liquidation commissions in the liquidation of LLC is also great. The first thing that the liquidation commission will have to do after it receives the necessary powers is to indicate the terms for the presentation of claims by creditors and their order. The time limit should in no case be less than two calendar months. Even if the official deadline has been missed, the creditors' claims will in any case be satisfied, in order of priority.

Liquidation procedure

  1. A decision is made to liquidate the company.
  2. The liquidator is appointed.
  3. All interested parties must necessarily inform about the closure of the organization. Interested persons can include creditors or registration authorities (a clear example is the tax police).
  4. The announcement of the liquidation of an LLC must also be published in a printed publication (specifically designed to print such information).
  5. The application is submitted to the tax office. Employees of the tax police will make all the necessary data in the Unified State Register of Legal Entities that the firm is subject to liquidation. An application is made within 3 days of the decision to close the company.
  6. The last step is checking the entire accounting department of your company by the tax service. It must be brought to order.

At this the liquidation of the LLC ends - it is enough only to receive a document certifying this fact in a specially authorized body.

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