In the event of dissolution of the company, the liquidator is chosen from among the partners of the société de participations financières de profession libérale de greffiers des tribunaux de commerce, companies holding an office or commercial court clerks, former commercial court clerks or former commercial court clerk partners. Under no circumstances may the duties of liquidator be entrusted to a partner who has been subject to a disciplinary penalty.
Multiple liquidators may be appointed.
The liquidator may be replaced on the grounds of impediment or for any other serious reason by the president of the judicial court of the place of the company’s registered office, ruling on a petition at the request of the liquidator, the partners or their successors, or the public prosecutor.