Social enterprises in the EU
Einde inhoudsopgave
Social enterprises in the EU (IVOR nr. 111) 2018/2.7.2.2:2.7.2.2 Asset-lock on winding up
Social enterprises in the EU (IVOR nr. 111) 2018/2.7.2.2
2.7.2.2 Asset-lock on winding up
Documentgegevens:
mr. A. Argyrou, datum 01-02-2018
- Datum
01-02-2018
- Auteur
mr. A. Argyrou
- JCDI
JCDI:ADS591643:1
- Vakgebied(en)
Ondernemingsrecht / Rechtspersonenrecht
Toon alle voetnoten
Voetnoten
Voetnoten
General rules concerning the liquidation of the legal persons in the provisions of the Civil Code arts. 73-76; ibid art. 13(2) and of the Social Entrepreneurship Law of 2011 and art. 22(2) of the Law 4430/2016 concerning Social and Inclusive Economy and Development of its Institutions and Other Provisions.
ibid. See also art. 10 of the Law 4430/2016 concerning Social and Inclusive Economy and Development of its Institutions and Other Provisions.
Deze functie is alleen te gebruiken als je bent ingelogd.
Finally, during liquidation, the law imposes an asset-lock scheme that requires the Koinsep to settle any existing liabilities of the creditors. The identity of the liquidators is decided by the general meeting or, alternatively, the managing committee acts as the liquidator.1 In the process of liquidation, the Koinsep is required to identify its assets and liabilities. The primary obligation of the liquidators is to satisfy the liabilities of a Koinsep to creditors and then to identify whether there are any remaining assets. These remaining assets are not distributed to Koinsep’s members but are instead provided to the Fund of the Social Economy, an institution that has been regulated for this purpose, but which has not yet been fully established.2