LIQUIDATION PROCEDURE FOR COMMERCIAL ORGANIZATIONS

Abstract

The paper discusses some features of the established legal liquidation procedure for commercial organizations. Basing on the analysis of the legal regulation of liquidation procedure, as well as on the current arbitration court rulings, the author lists its basic shortcomings and makes suggestions to improve certain legal provisions.

Keywords

• commercial organization
• liquidation
• liquidation procedure
• legal regulation
• arbitration court rulings