Liquidator - Spain

Definition

A liquidator of a company is the person responsible for liquidating it. When the company enters liquidation period, the liquidator or liquidators take control of the company once the administrators are resigned. Liquidators shall hold office for an indefinite period, unless otherwise specified in the company articles of association (estatutos). The duties of the liquidators are:

• Represent the company in any situation, promoting the company success. This includes lawsuits, arbitrations, and transactions.
• Keep track of company accounts, inventory of goods, and develop a detailed account balance, all in three months from the beginning of the liquidation process, and custody all documents and books. Pay
• outstanding company debts. Collect
• company credits Sale of company
• goods
• Perform all operations necessary for the liquidation of the company, and conclude that pending operations
• Verify the integrity of heritage and pay the amount remaining after the liquidation to the partners

  Also named as:

  LIQUIDADOR, LiqUnico, Liquidador
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  301,150 appointments of Liquidators registered in Spain
  188,344 people appointed Liquidator in Spain