The duties of an administrator are regulated by law, the articles of association, and the resolutions of the general meeting of shareholders, so their liability will be analyzed from these perspectives to determine if their actions may constitute grounds for attracting liability. It is worth remembering that, according to Article 70, paragraph (1) of Law...
The liquidation of a commercial company consists of all the operations aimed at concluding the ongoing commercial transactions at the date of the company’s dissolution, converting the company’s assets into cash, settling its debts, and distributing the net assets among the shareholders. According to Law no. 31/1990, for the liquidation and distribution of the company’s...
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