Keyword: «termination of activities»

This article discusses the problem of the absence of the concept of “liquidation of a legal entity” in the current legislation. Due to the fact that the liquidation of legal entities is a rather complex and lengthy process, therefore, it is necessary to formulate the concept of liquidation in legislation in order to understand the essence of the procedure being carried out. Thus, research is being conducted to formulate a unified concept of liquidation that can be applied to all types of legal entities. In the process of studying the stated issues, the characteristic features of liquidation are established through the study of scientific works on the relevant topic, and the provisions of legislation and judicial practice are analyzed. Based on the results of the research, the author of the article formulates a unified definition of liquidation of legal entities, which will contribute to a correct understanding of the essence of liquidation, its target orientation, as well as the consequences.