Studying the concept of dissolution of commercial compaies and its difference with similar concepts
Keywords:
dissolution, integration, cancellation, conversion, commercial dissolutionAbstract
The dissolution of the company means the end of its normal life, which in fact, by announcing it, the company begins a new period of its life. During the period of commercial dissolution, the scope of the company’s activity is limited and its managing organization is also changed. In this way, the end of dissolution means the end of the life of the company’s legal personality. In commercial law, the cancellation of the commercial company is the result of non-compliance with the regulations that the legislator has established for the formation of a company. Of course, it should be kept in mind that nullification has a different meaning than dissolution. In changing the status of the company, if a company changes its form to another company, it is a change in form and there is no need for commercial dissolution, but if the company is merged with another company, the change is material.
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