After the application and submitted documents have been reviewed, the commencement of liquidation is recorded in the company register. The registry entry indicates that the company is in liquidation. It is distinct from the company’s later deletion after the winding-up has been completed. The company continues to exist during liquidation for the actions required to wind it up. The registered details of the liquidator and their authority to represent the company must match the appointment resolution. The company name, identification number and other registry data should also be checked for accuracy after registration. The current registry extract serves as evidence of the registered status for creditors, contractual partners, banks and authorities. If the extract contains incomplete or inconsistent information, it should be determined whether a correction or supplementary registration is required. Subsequent changes to the liquidator, their authority to represent the company or other registered data must be documented in a traceable manner and updated in the register where necessary. The registry entry, internal liquidation records and actual winding-up should remain consistent throughout the process.
Registry Entry for the Liquidation of a Company in Georgia
Registration with the NAPR makes a company’s liquidation status publicly verifiable in the Registry of Entrepreneurs in Georgia. The current registry extract should consistently reflect the company’s status and the registered details of its liquidation representative.
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