Likvideras

Likvideras is a term primarily used in business and finance to describe the process of dissolving a company or organization. This involves the sale of all assets, the settlement of all debts and liabilities, and the distribution of any remaining funds to shareholders or members. The goal of liquidation is to formally close down the entity's operations and distribute its value.

There are different types of liquidation. Voluntary liquidation occurs when the company's members or shareholders decide to wind up the company's affairs. This can happen if the company has ceased to trade or if it is no longer viable. Compulsory liquidation, on the other hand, is initiated by creditors or a court order, usually when a company is insolvent and unable to pay its debts.

The liquidation process is overseen by a liquidator, who is appointed to manage the dissolution. The liquidator's responsibilities include realizing the company's assets, gathering all outstanding debts, paying creditors according to their legal priority, and ultimately distributing any surplus to the owners. Once the liquidation is complete, the company is formally removed from the register of companies. This process ensures that all obligations are met and that the company no longer exists as a legal entity.