{"id":30042,"date":"2022-07-28T15:35:00","date_gmt":"2022-07-28T20:35:00","guid":{"rendered":"https:\/\/www.olartemoure.com\/similarities-and-differences-between-the-voluntary-liquidation-and-the-judicial-liquidation\/"},"modified":"2022-10-11T12:12:21","modified_gmt":"2022-10-11T17:12:21","slug":"voluntary-and-judicial-liquidation","status":"publish","type":"post","link":"https:\/\/olartemoure.com\/en\/voluntary-and-judicial-liquidation\/","title":{"rendered":"Similarities and differences between the voluntary liquidation and the judicial liquidation"},"content":{"rendered":"

[et_pb_section fb_built=”1″ specialty=”on” padding_top_bottom_link_2=”false” padding_left_right_link_2=”false” _builder_version=”4.18.0″ _module_preset=”default” custom_padding=”|25px||25px|false|false” hover_enabled=”0″ border_radii=”on|26px|26px|26px|26px” border_width_all=”1px” border_color_all=”#9e9e9e” box_shadow_style=”preset1″ global_colors_info=”{}” theme_builder_area=”post_content” custom_margin=”2em||||false|false” sticky_enabled=”0″][et_pb_column type=”1_4″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||” theme_builder_area=”post_content”][et_pb_text _builder_version=”4.17.6″ _module_preset=”default” text_font=”|800|||||||” text_font_size=”36px” text_line_height=”1em” header_font_size=”35px” custom_padding=”||||false|false” global_colors_info=”{}” theme_builder_area=”post_content”]<\/p>\n

What does the liquidation process consist of?<\/h1>\n

[\/et_pb_text][et_pb_divider divider_weight=”5px” _builder_version=”4.17.6″ _module_preset=”default” width=”50%” max_width=”50%” custom_margin=”-15px||||false|false” custom_padding=”||||false|false” global_colors_info=”{}” theme_builder_area=”post_content”][\/et_pb_divider][\/et_pb_column][et_pb_column type=”3_4″ specialty_columns=”3″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||” theme_builder_area=”post_content”][et_pb_row_inner _builder_version=”4.17.6″ _module_preset=”default” global_colors_info=”{}” theme_builder_area=”post_content”][et_pb_column_inner saved_specialty_column_type=”3_4″ _builder_version=”4.17.6″ _module_preset=”default” global_colors_info=”{}” theme_builder_area=”post_content”][et_pb_image src=”https:\/\/www.olartemoure.com\/wp-content\/uploads\/2022\/07\/Imagen_1.png” title_text=”Imagen_1″ _builder_version=”4.17.6″ _module_preset=”default” global_colors_info=”{}” theme_builder_area=”post_content”][\/et_pb_image][\/et_pb_column_inner][\/et_pb_row_inner][et_pb_row_inner column_structure=”1_2,1_2″ use_custom_gutter=”on” gutter_width=”1″ _builder_version=”4.17.6″ _module_preset=”default” global_colors_info=”{}” theme_builder_area=”post_content”][et_pb_column_inner type=”1_2″ saved_specialty_column_type=”3_4″ _builder_version=”4.17.6″ _module_preset=”default” custom_padding=”||||false|false” border_width_right=”1px” border_color_right=”#d1d1d1″ border_width_right_tablet=”1px” border_width_right_phone=”0px” border_width_right_last_edited=”on|phone” global_colors_info=”{}” theme_builder_area=”post_content”][et_pb_text _builder_version=”4.17.6″ _module_preset=”default” header_text_align=”center” custom_padding=”|20px||20px|false|false” global_colors_info=”{}” theme_builder_area=”post_content”]<\/p>\n

Voluntary liquidation
(Wind up process)<\/strong><\/h4>\n

[\/et_pb_text][et_pb_text _builder_version=”4.17.6″ _module_preset=”default” header_text_align=”center” custom_padding=”|20px|14px|20px|false|false” global_colors_info=”{}” theme_builder_area=”post_content”]<\/p>\n

The purpose of the voluntary liquidation (wind up process) is the dissolution and liquidation of a company by decision of its members who will appoint someone responsible of carrying out a private liquidation process.<\/p>\n

[\/et_pb_text][et_pb_divider color=”#d1d1d1″ disabled_on=”off|on|on” _builder_version=”4.17.6″ _module_preset=”default” width=”80%” max_width=”80%” module_alignment=”center” global_colors_info=”{}” theme_builder_area=”post_content”][\/et_pb_divider][\/et_pb_column_inner][et_pb_column_inner type=”1_2″ saved_specialty_column_type=”3_4″ _builder_version=”4.17.6″ _module_preset=”default” border_width_left=”1px” border_color_left=”#d1d1d1″ border_width_left_tablet=”1px” border_width_left_phone=”0px” border_width_left_last_edited=”on|desktop” global_colors_info=”{}” theme_builder_area=”post_content”][et_pb_text _builder_version=”4.17.6″ _module_preset=”default” header_text_align=”center” custom_padding=”|20px||20px|false|false” global_colors_info=”{}” theme_builder_area=”post_content”]<\/p>\n

Judicial
<\/span>Liquida<\/span>tion<\/span><\/span><\/strong><\/h4>\n

[\/et_pb_text][et_pb_text _builder_version=”4.17.6″ _module_preset=”default” header_text_align=”center” custom_padding=”|20px||20px|false|false” global_colors_info=”{}” theme_builder_area=”post_content”]<\/p>\n

The purpose of the judicial liquidation process is the prompt and organized liquidation, based on the debtor’s assets, <\/span>obligations,<\/span> and rights<\/span> before a public authority such as the <\/span><\/span>Superintendencia<\/span> de <\/span>Sociedades<\/span><\/span><\/em> under the management of a public <\/span>servant<\/span>.<\/span><\/span>\u00a0<\/span><\/p>\n

[\/et_pb_text][\/et_pb_column_inner][\/et_pb_row_inner][\/et_pb_column][\/et_pb_section][et_pb_section fb_built=”1″ specialty=”on” padding_top_bottom_link_2=”false” padding_left_right_link_2=”false” _builder_version=”4.17.6″ _module_preset=”default” custom_margin=”10px||||false|false” custom_padding=”|25px||25px|false|false” border_radii=”on|26px|26px|26px|26px” border_width_all=”1px” border_color_all=”#9e9e9e” box_shadow_style=”preset1″ global_colors_info=”{}” theme_builder_area=”post_content”][et_pb_column type=”1_4″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||” theme_builder_area=”post_content”][et_pb_text _builder_version=”4.18.0″ _module_preset=”default” text_font=”|800|||||||” text_font_size=”1em” text_line_height=”1em” header_font_size=”33px” custom_margin=”0px|0px|0px||true|false” custom_padding=”|0px||0px|false|false” global_colors_info=”{}” theme_builder_area=”post_content”]<\/p>\n

What are the main causes for the company’s\u00a0 liquidation?<\/span><\/h1>\n

[\/et_pb_text][et_pb_divider divider_weight=”5px” _builder_version=”4.18.0″ _module_preset=”default” width=”50%” max_width=”50%” min_height=”2px” custom_margin=”0px||0px||true|false” custom_padding=”0px||0px||true|false” global_colors_info=”{}” theme_builder_area=”post_content”][\/et_pb_divider][\/et_pb_column][et_pb_column type=”3_4″ specialty_columns=”3″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||” theme_builder_area=”post_content”][et_pb_row_inner _builder_version=”4.17.6″ _module_preset=”default” global_colors_info=”{}” theme_builder_area=”post_content”][et_pb_column_inner saved_specialty_column_type=”3_4″ _builder_version=”4.17.6″ _module_preset=”default” global_colors_info=”{}” theme_builder_area=”post_content”][et_pb_image src=”https:\/\/www.olartemoure.com\/wp-content\/uploads\/2022\/07\/Imagen_2.png” title_text=”Imagen_2″ _builder_version=”4.17.6″ _module_preset=”default” global_colors_info=”{}” theme_builder_area=”post_content”][\/et_pb_image][\/et_pb_column_inner][\/et_pb_row_inner][et_pb_row_inner column_structure=”1_2,1_2″ use_custom_gutter=”on” gutter_width=”1″ _builder_version=”4.17.6″ _module_preset=”default” global_colors_info=”{}” theme_builder_area=”post_content”][et_pb_column_inner type=”1_2″ saved_specialty_column_type=”3_4″ _builder_version=”4.17.6″ _module_preset=”default” custom_padding=”||||false|false” border_width_right=”1px” border_color_right=”#d1d1d1″ border_width_right_tablet=”1px” border_width_right_phone=”0px” border_width_right_last_edited=”on|desktop” global_colors_info=”{}” theme_builder_area=”post_content”][et_pb_text _builder_version=”4.17.6″ _module_preset=”default” header_text_align=”center” custom_padding=”|20px||20px|false|false” global_colors_info=”{}” theme_builder_area=”post_content”]<\/p>\n

Voluntary liquidation
(Wind up process)<\/strong><\/h4>\n

[\/et_pb_text][et_pb_text _builder_version=”4.17.6″ _module_preset=”default” header_text_align=”center” custom_padding=”|20px||20px|false|false” global_colors_info=”{}” theme_builder_area=”post_content”]<\/p>\n

The grounds of voluntary liquidation are:<\/span>\u00a0<\/span><\/p>\n

    \n
  • After the expiration of the term, and subsequent renewals, of the Company.<\/span>\u00a0<\/span><\/li>\n
  • The impossibility of developing the Company\u00b4s purpose.<\/span>\u00a0<\/span><\/li>\n
  • By reduction or increase of the number of shareholders to less than the number required by law for its formation or operation, or exceeding the maximum limit fixed by the same law<\/span>\u00a0<\/span><\/li>\n
  • Due to the causes expressly and clearly stipulated in the Bylaws.<\/span>\u00a0<\/span><\/li>\n
  • By decision of the associates, in compliance with the law and the Bylaws. <\/span>\u00a0<\/span><\/li>\n
  • By decision of the competent authority.<\/span>\u00a0<\/span><\/li>\n
  • By other causes established in the laws, concerning to other types of corporations governed by the Commercial Code. <\/span>\u00a0<\/span><\/li>\n<\/ul>\n

    [\/et_pb_text][et_pb_divider color=”#d1d1d1″ disabled_on=”off|on|on” _builder_version=”4.17.6″ _module_preset=”default” width=”80%” max_width=”80%” module_alignment=”center” global_colors_info=”{}” theme_builder_area=”post_content”][\/et_pb_divider][\/et_pb_column_inner][et_pb_column_inner type=”1_2″ saved_specialty_column_type=”3_4″ _builder_version=”4.17.6″ _module_preset=”default” border_width_left=”1px” border_color_left=”#d1d1d1″ border_width_left_tablet=”1px” border_width_left_phone=”0px” border_width_left_last_edited=”on|desktop” global_colors_info=”{}” theme_builder_area=”post_content”][et_pb_text _builder_version=”4.17.6″ _module_preset=”default” header_text_align=”center” custom_padding=”|20px||20px|false|false” global_colors_info=”{}” theme_builder_area=”post_content”]<\/p>\n

    Judicial
    <\/span>Liquida<\/span>tion<\/span><\/span><\/strong><\/h4>\n

    [\/et_pb_text][et_pb_text _builder_version=”4.17.6″ _module_preset=”default” header_text_align=”center” custom_padding=”|20px||20px|false|false” global_colors_info=”{}” theme_builder_area=”post_content”]<\/p>\n

    Judicial liquidation resembles to a sanction and may occur for one of the following reasons:<\/span>\u00a0<\/span><\/p>\n

      \n
    • Bankruptcy agreement breach<\/span>\u00a0<\/span><\/li>\n
    • Abandonment of the company (i.e., not complying with its minimum formal requirements and filings)<\/span>\u00a0<\/span><\/li>\n
    • By order of the entity responsible of the surveillance and control of the company<\/span>\u00a0<\/span><\/li>\n
    • By joint request made by the debtor and a plural number of creditors. <\/span><\/span><\/li>\n<\/ul>\n

      [\/et_pb_text][\/et_pb_column_inner][\/et_pb_row_inner][\/et_pb_column][\/et_pb_section][et_pb_section fb_built=”1″ specialty=”on” padding_top_bottom_link_2=”false” padding_left_right_link_2=”false” _builder_version=”4.17.6″ _module_preset=”default” custom_margin=”10px||||false|false” custom_padding=”|25px||25px|false|false” border_radii=”on|26px|26px|26px|26px” border_width_all=”1px” border_color_all=”#9e9e9e” box_shadow_style=”preset1″ global_colors_info=”{}” theme_builder_area=”post_content”][et_pb_column type=”1_4″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||” theme_builder_area=”post_content”][et_pb_text _builder_version=”4.17.6″ _module_preset=”default” text_font=”|800|||||||” text_font_size=”30px” text_line_height=”1em” header_font_size=”34px” custom_margin=”0px|0px|||false|false” custom_padding=”|0px||0px|false|false” custom_css_main_element=”overflow-wrap: normal;” global_colors_info=”{}” theme_builder_area=”post_content”]<\/p>\n

      Which are the q<\/span>ualities for the appointment<\/span>?<\/span><\/span>\u00a0<\/span><\/h1>\n

      [\/et_pb_text][et_pb_divider divider_weight=”5px” _builder_version=”4.17.6″ _module_preset=”default” width=”50%” max_width=”50%” custom_margin=”-17px||||false|false” custom_padding=”||||false|false” global_colors_info=”{}” theme_builder_area=”post_content”][\/et_pb_divider][\/et_pb_column][et_pb_column type=”3_4″ specialty_columns=”3″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||” theme_builder_area=”post_content”][et_pb_row_inner _builder_version=”4.17.6″ _module_preset=”default” global_colors_info=”{}” theme_builder_area=”post_content”][et_pb_column_inner saved_specialty_column_type=”3_4″ _builder_version=”4.17.6″ _module_preset=”default” global_colors_info=”{}” theme_builder_area=”post_content”][et_pb_image src=”https:\/\/www.olartemoure.com\/wp-content\/uploads\/2022\/07\/Imagen_3.png” title_text=”Imagen_3″ _builder_version=”4.17.6″ _module_preset=”default” global_colors_info=”{}” theme_builder_area=”post_content”][\/et_pb_image][\/et_pb_column_inner][\/et_pb_row_inner][et_pb_row_inner column_structure=”1_2,1_2″ use_custom_gutter=”on” gutter_width=”1″ _builder_version=”4.17.6″ _module_preset=”default” global_colors_info=”{}” theme_builder_area=”post_content”][et_pb_column_inner type=”1_2″ saved_specialty_column_type=”3_4″ _builder_version=”4.17.6″ _module_preset=”default” custom_padding=”||||false|false” border_width_right=”1px” border_color_right=”#d1d1d1″ border_width_right_tablet=”1px” border_width_right_phone=”0px” border_width_right_last_edited=”on|desktop” global_colors_info=”{}” theme_builder_area=”post_content”][et_pb_text _builder_version=”4.17.6″ _module_preset=”default” header_text_align=”center” custom_padding=”|20px||20px|false|false” global_colors_info=”{}” theme_builder_area=”post_content”]<\/p>\n

      Voluntary liquidation
      (Wind up process)<\/strong><\/h4>\n

      [\/et_pb_text][et_pb_text _builder_version=”4.17.6″ _module_preset=”default” header_text_align=”center” custom_padding=”|20px||20px|false|false” global_colors_info=”{}” theme_builder_area=”post_content”]<\/p>\n

      The shareholders<\/span> or partners <\/span>might appoint the manager, legal <\/span>representative,<\/span> or an external person as liquidator<\/span><\/span>\u00a0<\/span><\/p>\n

      [\/et_pb_text][et_pb_divider color=”#d1d1d1″ disabled_on=”off|on|on” _builder_version=”4.17.6″ _module_preset=”default” width=”80%” max_width=”80%” module_alignment=”center” global_colors_info=”{}” theme_builder_area=”post_content”][\/et_pb_divider][\/et_pb_column_inner][et_pb_column_inner type=”1_2″ saved_specialty_column_type=”3_4″ _builder_version=”4.17.6″ _module_preset=”default” border_width_left=”1px” border_color_left=”#d1d1d1″ border_width_left_tablet=”1px” border_width_left_phone=”0px” border_width_left_last_edited=”on|desktop” global_colors_info=”{}” theme_builder_area=”post_content”][et_pb_text _builder_version=”4.17.6″ _module_preset=”default” header_text_align=”center” custom_padding=”|20px||20px|false|false” global_colors_info=”{}” theme_builder_area=”post_content”]<\/p>\n

      Judicial
      <\/span>Liquida<\/span>tion<\/span><\/span><\/strong><\/h4>\n

      [\/et_pb_text][et_pb_text _builder_version=”4.17.6″ _module_preset=”default” header_text_align=”center” custom_padding=”|20px||20px|false|false” global_colors_info=”{}” theme_builder_area=”post_content”]<\/p>\n

      The liquidator shall be<\/span> registered<\/span> in the list of the <\/span><\/span>Superintendencia<\/span> de <\/span>Sociedades<\/span><\/span><\/em> <\/span>as judicial assistant.<\/span><\/span>\u00a0<\/span><\/p>\n

      [\/et_pb_text][\/et_pb_column_inner][\/et_pb_row_inner][\/et_pb_column][\/et_pb_section][et_pb_section fb_built=”1″ specialty=”on” padding_top_bottom_link_2=”false” padding_left_right_link_2=”false” _builder_version=”4.17.6″ _module_preset=”default” custom_margin=”10px||||false|false” custom_padding=”|25px||25px|false|false” border_radii=”on|26px|26px|26px|26px” border_width_all=”1px” border_color_all=”#9e9e9e” box_shadow_style=”preset1″ global_colors_info=”{}” theme_builder_area=”post_content”][et_pb_column type=”1_4″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||” theme_builder_area=”post_content”][et_pb_text _builder_version=”4.17.6″ _module_preset=”default” text_font=”|800|||||||” text_font_size=”34px” text_line_height=”1em” header_font_size=”35px” custom_margin=”0px|0px|||false|false” custom_padding=”|0px||0px|false|false” global_colors_info=”{}” theme_builder_area=”post_content”]<\/p>\n

      What is the role of the liquidator?<\/span><\/span>\u00a0<\/span><\/h1>\n

      [\/et_pb_text][et_pb_divider divider_weight=”5px” _builder_version=”4.17.6″ _module_preset=”default” width=”50%” max_width=”50%” custom_margin=”-17px||||false|false” custom_padding=”||||false|false” global_colors_info=”{}” theme_builder_area=”post_content”][\/et_pb_divider][\/et_pb_column][et_pb_column type=”3_4″ specialty_columns=”3″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||” theme_builder_area=”post_content”][et_pb_row_inner _builder_version=”4.17.6″ _module_preset=”default” global_colors_info=”{}” theme_builder_area=”post_content”][et_pb_column_inner saved_specialty_column_type=”3_4″ _builder_version=”4.17.6″ _module_preset=”default” global_colors_info=”{}” theme_builder_area=”post_content”][et_pb_image src=”https:\/\/www.olartemoure.com\/wp-content\/uploads\/2022\/07\/Imagen_4.png” title_text=”Imagen_4″ _builder_version=”4.17.6″ _module_preset=”default” global_colors_info=”{}” theme_builder_area=”post_content”][\/et_pb_image][\/et_pb_column_inner][\/et_pb_row_inner][et_pb_row_inner column_structure=”1_2,1_2″ use_custom_gutter=”on” gutter_width=”1″ _builder_version=”4.17.6″ _module_preset=”default” global_colors_info=”{}” theme_builder_area=”post_content”][et_pb_column_inner type=”1_2″ saved_specialty_column_type=”3_4″ _builder_version=”4.17.6″ _module_preset=”default” custom_padding=”||||false|false” border_width_right=”1px” border_color_right=”#d1d1d1″ border_width_right_tablet=”1px” border_width_right_phone=”0px” border_width_right_last_edited=”on|desktop” global_colors_info=”{}” theme_builder_area=”post_content”][et_pb_text _builder_version=”4.17.6″ _module_preset=”default” header_text_align=”center” custom_padding=”|20px||20px|false|false” global_colors_info=”{}” theme_builder_area=”post_content”]<\/p>\n

      Voluntary liquidation
      (Wind up process)<\/strong><\/h4>\n

      [\/et_pb_text][\/et_pb_column_inner][et_pb_column_inner type=”1_2″ saved_specialty_column_type=”3_4″ _builder_version=”4.17.6″ _module_preset=”default” border_width_left=”1px” border_color_left=”#d1d1d1″ border_width_left_tablet=”1px” border_width_left_phone=”0px” border_width_left_last_edited=”on|desktop” global_colors_info=”{}” theme_builder_area=”post_content”][et_pb_text _builder_version=”4.17.6″ _module_preset=”default” header_text_align=”center” custom_padding=”|20px||20px|false|false” global_colors_info=”{}” theme_builder_area=”post_content”]<\/p>\n

      Judicial
      <\/span>Liquida<\/span>tion<\/span><\/span><\/strong><\/h4>\n

      [\/et_pb_text][\/et_pb_column_inner][\/et_pb_row_inner][et_pb_row_inner use_custom_gutter=”on” gutter_width=”1″ _builder_version=”4.17.6″ _module_preset=”default” global_colors_info=”{}” theme_builder_area=”post_content”][et_pb_column_inner saved_specialty_column_type=”3_4″ _builder_version=”4.17.6″ _module_preset=”default” custom_padding=”||||false|false” border_width_right=”1px” border_color_right=”#d1d1d1″ global_colors_info=”{}” theme_builder_area=”post_content”][et_pb_text _builder_version=”4.17.6″ _module_preset=”default” header_text_align=”center” custom_padding=”|20px||20px|false|false” global_colors_info=”{}” theme_builder_area=”post_content”]<\/p>\n

      Is a manager or director of the company, who may concur with the legal representative. Among other, the liquidator has the following roles\/ activities:\u00a0<\/span>\u00a0<\/span><\/p>\n

        \n
      • Judicial Assistant<\/span>\u00a0<\/span><\/li>\n
      • Legal representative and manager of the liquidation process.<\/span>\u00a0<\/span><\/li>\n
      • Trustee.<\/span>\u00a0<\/span><\/li>\n
      • Conciliator<\/span>\u00a0<\/span><\/li>\n
      • Competence to propose and develop strategies.<\/span>\u00a0<\/span><\/li>\n<\/ul>\n

        [\/et_pb_text][\/et_pb_column_inner][\/et_pb_row_inner][\/et_pb_column][\/et_pb_section][et_pb_section fb_built=”1″ specialty=”on” padding_top_bottom_link_2=”false” padding_left_right_link_2=”false” _builder_version=”4.17.6″ _module_preset=”default” custom_margin=”10px||||false|false” custom_padding=”|25px||25px|false|false” border_radii=”on|26px|26px|26px|26px” border_width_all=”1px” border_color_all=”#9e9e9e” box_shadow_style=”preset1″ global_colors_info=”{}” theme_builder_area=”post_content”][et_pb_column type=”1_4″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||” theme_builder_area=”post_content”][et_pb_text _builder_version=”4.17.6″ _module_preset=”default” text_font=”|800|||||||” text_font_size=”34px” text_line_height=”1em” header_font_size=”35px” custom_margin=”0px|0px|||false|false” custom_padding=”|0px||0px|false|false” global_colors_info=”{}” theme_builder_area=”post_content”]<\/p>\n

        Who <\/span>appoints<\/span> the liquidator<\/span>?<\/span><\/span>\u00a0<\/span><\/h1>\n

        [\/et_pb_text][et_pb_divider divider_weight=”5px” _builder_version=”4.17.6″ _module_preset=”default” width=”50%” max_width=”50%” custom_margin=”-17px||||false|false” custom_padding=”||||false|false” global_colors_info=”{}” theme_builder_area=”post_content”][\/et_pb_divider][\/et_pb_column][et_pb_column type=”3_4″ specialty_columns=”3″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||” theme_builder_area=”post_content”][et_pb_row_inner _builder_version=”4.17.6″ _module_preset=”default” global_colors_info=”{}” theme_builder_area=”post_content”][et_pb_column_inner saved_specialty_column_type=”3_4″ _builder_version=”4.17.6″ _module_preset=”default” global_colors_info=”{}” theme_builder_area=”post_content”][et_pb_image src=”https:\/\/www.olartemoure.com\/wp-content\/uploads\/2022\/07\/Imagen_5.png” title_text=”Imagen_5″ _builder_version=”4.17.6″ _module_preset=”default” global_colors_info=”{}” theme_builder_area=”post_content”][\/et_pb_image][\/et_pb_column_inner][\/et_pb_row_inner][et_pb_row_inner column_structure=”1_2,1_2″ use_custom_gutter=”on” gutter_width=”1″ _builder_version=”4.17.6″ _module_preset=”default” global_colors_info=”{}” theme_builder_area=”post_content”][et_pb_column_inner type=”1_2″ saved_specialty_column_type=”3_4″ _builder_version=”4.17.6″ _module_preset=”default” custom_padding=”||||false|false” border_width_right=”1px” border_color_right=”#d1d1d1″ border_width_right_tablet=”1px” border_width_right_phone=”0px” border_width_right_last_edited=”on|desktop” global_colors_info=”{}” theme_builder_area=”post_content”][et_pb_text _builder_version=”4.17.6″ _module_preset=”default” header_text_align=”center” custom_padding=”|20px||20px|false|false” global_colors_info=”{}” theme_builder_area=”post_content”]<\/p>\n

        Voluntary liquidation
        (Wind up process)<\/strong><\/h4>\n

        [\/et_pb_text][et_pb_text _builder_version=”4.17.6″ _module_preset=”default” header_text_align=”center” min_height=”35px” custom_padding=”|20px||20px|false|false” global_colors_info=”{}” theme_builder_area=”post_content”]<\/p>\n

        Shareholders<\/span> or partners of the <\/span>company.<\/span><\/span>\u00a0<\/span><\/p>\n

        [\/et_pb_text][et_pb_divider color=”#d1d1d1″ disabled_on=”off|on|on” _builder_version=”4.17.6″ _module_preset=”default” width=”80%” max_width=”80%” module_alignment=”center” min_height=”14px” custom_margin=”17px||||false|false” global_colors_info=”{}” theme_builder_area=”post_content”][\/et_pb_divider][\/et_pb_column_inner][et_pb_column_inner type=”1_2″ saved_specialty_column_type=”3_4″ _builder_version=”4.17.6″ _module_preset=”default” border_width_left=”1px” border_color_left=”#d1d1d1″ border_width_left_tablet=”1px” border_width_left_phone=”0px” border_width_left_last_edited=”on|desktop” global_colors_info=”{}” theme_builder_area=”post_content”][et_pb_text _builder_version=”4.17.6″ _module_preset=”default” header_text_align=”center” custom_padding=”|20px||20px|false|false” global_colors_info=”{}” theme_builder_area=”post_content”]<\/p>\n

        Judicial
        <\/span>Liquida<\/span>tion<\/span><\/span><\/strong><\/h4>\n

        [\/et_pb_text][et_pb_text _builder_version=”4.17.6″ _module_preset=”default” header_text_align=”center” custom_padding=”|20px||20px|false|false” global_colors_info=”{}” theme_builder_area=”post_content”]<\/p>\n

        The judge appoints the liquidator from the list of judicial <\/span>ancillaries<\/span><\/span>\u00a0<\/span><\/p>\n

        [\/et_pb_text][\/et_pb_column_inner][\/et_pb_row_inner][\/et_pb_column][\/et_pb_section][et_pb_section fb_built=”1″ specialty=”on” padding_top_bottom_link_2=”false” padding_left_right_link_2=”false” _builder_version=”4.17.6″ _module_preset=”default” custom_margin=”10px||||false|false” custom_padding=”|25px||25px|false|false” border_radii=”on|26px|26px|26px|26px” border_width_all=”1px” border_color_all=”#9e9e9e” box_shadow_style=”preset1″ global_colors_info=”{}” theme_builder_area=”post_content”][et_pb_column type=”1_4″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||” theme_builder_area=”post_content”][et_pb_text _builder_version=”4.17.6″ _module_preset=”default” text_font=”|800|||||||” text_font_size=”34px” text_line_height=”1em” header_font_size=”35px” custom_margin=”0px|0px|||false|false” custom_padding=”|0px||0px|false|false” global_colors_info=”{}” theme_builder_area=”post_content”]<\/p>\n

        What are <\/span>the liquidator<\/span> <\/span>main duties?<\/span><\/span><\/h1>\n

        [\/et_pb_text][et_pb_divider divider_weight=”5px” _builder_version=”4.17.6″ _module_preset=”default” width=”50%” max_width=”50%” custom_margin=”-17px||||false|false” custom_padding=”||||false|false” global_colors_info=”{}” theme_builder_area=”post_content”][\/et_pb_divider][\/et_pb_column][et_pb_column type=”3_4″ specialty_columns=”3″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||” theme_builder_area=”post_content”][et_pb_row_inner _builder_version=”4.17.6″ _module_preset=”default” global_colors_info=”{}” theme_builder_area=”post_content”][et_pb_column_inner saved_specialty_column_type=”3_4″ _builder_version=”4.17.6″ _module_preset=”default” global_colors_info=”{}” theme_builder_area=”post_content”][et_pb_image src=”https:\/\/www.olartemoure.com\/wp-content\/uploads\/2022\/07\/Imagen_6.png” title_text=”Imagen_6″ _builder_version=”4.17.6″ _module_preset=”default” global_colors_info=”{}” theme_builder_area=”post_content”][\/et_pb_image][\/et_pb_column_inner][\/et_pb_row_inner][et_pb_row_inner column_structure=”1_2,1_2″ use_custom_gutter=”on” gutter_width=”1″ _builder_version=”4.17.6″ _module_preset=”default” global_colors_info=”{}” theme_builder_area=”post_content”][et_pb_column_inner type=”1_2″ saved_specialty_column_type=”3_4″ _builder_version=”4.17.6″ _module_preset=”default” custom_padding=”||||false|false” border_width_right=”1px” border_color_right=”#d1d1d1″ border_width_right_tablet=”1px” border_width_right_phone=”0px” border_width_right_last_edited=”on|desktop” global_colors_info=”{}” theme_builder_area=”post_content”][et_pb_text _builder_version=”4.17.6″ _module_preset=”default” header_text_align=”center” custom_padding=”|20px||20px|false|false” global_colors_info=”{}” theme_builder_area=”post_content”]<\/p>\n

        Voluntary liquidation
        (Wind up process)<\/strong><\/h4>\n

        [\/et_pb_text][et_pb_text _builder_version=”4.17.6″ _module_preset=”default” header_text_align=”center” custom_padding=”|20px||20px|false|false” global_colors_info=”{}” theme_builder_area=”post_content”]<\/p>\n

          \n
        • Prepare a list of the company assets.\u00a0<\/span>\u00a0<\/span><\/li>\n<\/ul>\n
            \n
          • Present the detailed inventory at the shareholders’ meeting.\u00a0<\/span>\u00a0<\/span><\/li>\n<\/ul>\n
              \n
            • Art. 242 Commercial Code: Cancellation of external liabilities, considering the credit priority provisions.<\/span><\/li>\n<\/ul>\n

              [\/et_pb_text][et_pb_divider color=”#d1d1d1″ disabled_on=”off|on|on” _builder_version=”4.17.6″ _module_preset=”default” width=”80%” max_width=”80%” module_alignment=”center” global_colors_info=”{}” theme_builder_area=”post_content”][\/et_pb_divider][\/et_pb_column_inner][et_pb_column_inner type=”1_2″ saved_specialty_column_type=”3_4″ _builder_version=”4.17.6″ _module_preset=”default” border_width_left=”1px” border_color_left=”#d1d1d1″ border_width_left_tablet=”1px” border_width_left_phone=”0px” border_width_left_last_edited=”on|desktop” global_colors_info=”{}” theme_builder_area=”post_content”][et_pb_text _builder_version=”4.17.6″ _module_preset=”default” header_text_align=”center” custom_padding=”|20px||20px|false|false” global_colors_info=”{}” theme_builder_area=”post_content”]<\/p>\n

              Judicial
              <\/span>Liquida<\/span>tion<\/span><\/span><\/h4>\n

              [\/et_pb_text][et_pb_text _builder_version=”4.17.6″ _module_preset=”default” header_text_align=”center” min_height=”272px” custom_padding=”|20px||20px|false|false” global_colors_info=”{}” theme_builder_area=”post_content”]<\/p>\n

              Among other, its main functions are:<\/span>\u00a0<\/span><\/p>\n

                \n
              • Protect the credit, to diligently care for and administer the assets received to complete its assignment.<\/span><\/li>\n
              • To review the rendering of accounts presented by the previous administrators and initiate legal actions for collection or reintegration of assets.<\/span><\/li>\n
              • <\/span><\/span>To promote the process in protection of the principle of procedural economy.<\/span><\/li>\n<\/ul>\n
                  <\/ul>\n

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                  OlarteMoure’s<\/span> corporate and litigation teams can assist you in these matters.<\/span><\/span>\u00a0<\/span><\/strong><\/h1>\n

                  [\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=”1″ padding_top_bottom_link_2=”false” padding_left_right_link_2=”false” disabled_on=”off|on|on” _builder_version=”4.17.6″ _module_preset=”default” custom_margin=”10px||||false|false” custom_padding=”|25px||25px|false|false” border_radii=”on|26px|26px|26px|26px” border_width_all=”1px” border_color_all=”#9e9e9e” box_shadow_style=”preset1″ global_colors_info=”{}” theme_builder_area=”post_content”][et_pb_row column_structure=”1_3,2_3″ _builder_version=”4.17.6″ _module_preset=”default” global_colors_info=”{}” theme_builder_area=”post_content”][et_pb_column type=”1_3″ _builder_version=”4.17.6″ _module_preset=”default” global_colors_info=”{}” theme_builder_area=”post_content”][et_pb_image src=”https:\/\/www.olartemoure.com\/wp-content\/uploads\/2022\/07\/Recurso-2.png” title_text=”Recurso 2″ align=”center” _builder_version=”4.17.6″ _module_preset=”default” global_colors_info=”{}” theme_builder_area=”post_content”][\/et_pb_image][\/et_pb_column][et_pb_column type=”2_3″ _builder_version=”4.17.6″ _module_preset=”default” global_colors_info=”{}” theme_builder_area=”post_content”][et_pb_text _builder_version=”4.17.6″ _module_preset=”default” custom_margin=”28px||||false|false” global_colors_info=”{}” theme_builder_area=”post_content”]<\/p>\n

                  OlarteMoure<\/span> corporate and litigation teams can assist you in these matters.<\/span><\/span>\u00a0<\/span><\/strong><\/h1>\n

                  [\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section]<\/p>\n","protected":false},"excerpt":{"rendered":"

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