Liquidation is one of the ways a company can terminate its existence in the Federation of Bosnia and Herzegovina (FBiH). The liquidation procedure is always conducted when the company is terminated by a decision of the company's shareholders meeting, or as a result of a decision of a competent court (for example, when a company is issued a decree on prohibition of work, or when a company's registration in the commercial registry is declared null and void by the competent court).
August 31 2006
