Legal provisions for the practice of liquidation work in joint stock companies

Abstract

          This study aims to know the legal system for the liquidation of joint stock companies under the Algerian commercial legislation by defining the concept of the liquidator by clarifying the authority concerned with his appointment and dismissal and the most important powers granted by the legislator to him in the company. It is to him with highlighting his responsibilities, and the necessity of dropping the terms of the debts so that the liquidator, within the period for which he was appointed and represented in three years, can accrue the company’s funds, pay the debts of creditors, do the division and complete the tasks assigned to him.