dissolution and liquidation of an Iranian company
dissolution Not all corporate relationships end immediately. After the cause dissolution, is fulfilled, the liquidation operation continues to determine the disposition of assets, claims, debts and open obligations, and the director or directors liquidation play a key role.
Request a consultationdissolution and liquidation of an Iranian company
dissolution Not all corporate relationships end immediately. After the cause dissolution, is fulfilled, the liquidation operation continues to determine the disposition of assets, claims, debts and open obligations, and the director or directors liquidation play a key role.
Important aspects of this matter
Point 1
The cause of dissolution and whether the internal decision, the judgment court or the legal situation is at issue
Point 2
Latest assets, Debts, Open contracts and company claims
Point 3
Determining the manager or managers of liquidation and the limits of their authority
Point 4
Registration dissolution, Collection of claims, Payment of debt and determination of remaining assets
Legal points and course of action
The law provides different grounds for dissolution according to the type of company. For joint-stock companies, Article 199 of the law amending part of the Commercial Code includes an extraordinary general meeting resolution, bankruptcy, and a final court judgment among the grounds for dissolution.
In each case, the latest company registration status, internal documents and actual events must be matched. The similarity of the titles of the two cases does not mean that the demands, of the parties to the dispute or their legal outcome are the same.
Related topics
increase or reduction of an Iranian company’s capital
Change in the company's capital, Inflow or outflow of resources, Effects on the percentage of ownership and decision and registration procedures.
company debts and liability of partners or shareholders under Iranian law
Separating the debt of the legal entity from the liability of the partner, shareholder, managing director and personal guarantees.
partner or shareholder dispute in an Iranian company
Disputes about management, Profits, Voting rights, Access to documents, Assembly decisions and implementation of partners' agreements.
Registration of company changes and meeting minutes
Minutes of meetings and board of directors, Change of directors, Capital, Address, Subject and authorized signatories.
Relevant legal sources
Iranian Commercial Code («قانون تجارت»)
Bill amending part of Iranian Commercial Code («قانون تجارت»)
Iranian Companies Registration Act
This list, shows the main provisions related to the subject of the page. The governing law and subsequent amendments must be adapted to the time of occurrence, of the subject and the situation of each case.
The official text and latest amendments of the laws are available at National Information Database of Laws and Regulations of the Country is available to view.
Frequently asked questions
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