|
Q：
|
What is liquidator?
|
|
A：
|
A liquidator of a company is deemed to be a responsible person of the company within the scope of performing their duties. When a company is dissolved expect in cases of dissolution due to merger or bankruptcy, it must undergo liquidation.
|
|
Q：
|
Who may serve as a liquidator?
|
|
A：
|
In the liquidation of a company, all shareholders shall act as liquidators. However, if otherwise provided in the articles of incorporation or resolved by the shareholders, other liquidators may be appointed.
|
|
Q：
|
Within how many days must a liquidator report their appointment to the court?
|
|
A：
|
A liquidator shall, within fifteen days after assuming office, report to the court their name, domicile or residence, and the date of assumption of office.
|
|
Q：
|
What should be done if there are multiple liquidators?
|
|
A：
|
Where there are multiple liquidators, one or more of them may be designated to represent the company. If no such designation is made, each liquidator shall have the authority to represent the company third party.
|
|
Q：
|
Is there a time limit for completing the liquidation?
|
|
A：
|
The liquidator shall complete the liquidation within six months. If the liquidation cannot be completed within this period, the liquidator may state the reason and apply to the court for an extension.
|
FAQ
