Journal of Legal, Ethical and Regulatory Issues (Print ISSN: 1544-0036; Online ISSN: 1544-0044)

Abstract

The Effect of Liquidation on the Legal Personality of the Public Shareholding Company Under Compulsory Liquidation

Author(s): Linda Hamed Malkawi

The subject of this research revolves around the effect of liquidation on the legal personality of the public shareholding company under compulsory liquidation. Liquidation is one of the concepts related to commercial companies. It is a system for commercial companies because of the existence of a case of extinction. The Company shall be required to liquidate the shares of the public shareholding company when the company violates the provisions of the law and the statutes, or if the company fails to meet its obligations, the company ceases its business or is subject to loss. The moral character, which is termed a legal personality, so that such companies dealing with others in the real existence acquires rights and obligations died

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