Context and issues

Anticipating the difficulties of your company means preserving its ecosystem by avoiding its failure. What happens to a company in judicial liquidation? What are the effects of the liquidation on the company and the sanctions incurred by the manager?

The procedure of judicial recovery is set up when the recovery of the company remains possible, this in a perspective of continuity of the activity and reimbursement of the creditors. But what happens when the recovery of the company is obviously impossible? The legislator has established the judicial liquidation procedure which puts an end to the activity of the company in difficulty and allows the payment of the debts.

In order to obtain a global vision of all the procedures, we invite you to discover through this new quiz, the judicial liquidation procedure.