Subsection 1: Provisions common to the various companies.

The filing provided for in Article R. 743-75 shall be made at the instance of the public prosecutor if the latter has caused the liquidator to be appointed.

The liquidator represents the company for the duration of its liquidation and performs in place of the partners all acts falling within the profession of commercial court clerk. The provisions of the last two paragraphs of article R. 743-57 shall apply. As from the date on which the company’s successor is sworn in, the liquidator shall cease to be entitled to perform, on behalf of the company, acts falling within…

The liquidator has the broadest powers to wind up the company. In particular, he is responsible for managing the company during its liquidation, realising its assets, clearing its liabilities and, after repayment of the share capital to the shareholders or their successors, distributing the assets arising from the liquidation among them in accordance with the provisions of the Articles of Association. The liquidator’s powers may be specified by the court…

Unless the company is dissolved by the effect of its dismissal, the liquidator shall exercise on behalf of the company the right of presentation provided for in Article 91 of the Finance Act of 28 April 1816, under the conditions set out in Articles R. 742-27-1, with the exception of its last paragraph, R. 742-27-2 et R. 742-28. If, within one year of his appointment, the liquidator has not exercised…

The court decision or the decision of the shareholders’ meeting appointing the liquidator sets his remuneration. This may consist of a share of the net income from the office held by the company.