Company law and liquidation

The company has received a liquidation petition

What decisions should be taken within a short period of time and what will be examined by the office on the basis of the documents.

Author
Dr. Horváth Márk Olivér
Attorney-at-law, LL.M. in business law
Published
23 June 2026
Reviewed
15 July 2026

Upon receipt of the winding-up application, it shall be decided within a short period of time whether the claim is contested, whether there is an agreement and what obligations the management is subject to.

First, the firm examines the basic claim: is it justified whether the regular payment request has been made and whether there are circumstances that make the claim controversial.

If the claim can be settled, the aim is typically to avoid proceedings by agreement. If not, procedural representation, transfer of documents and fulfilment of executive duties will be the priority.

The representation of the company, the manager and the owner is not automatically the same order: the examination of the conflict of interest always prevents the acceptance of the order.

Related service

Representation of debtors subject to liquidation

This guide is for information only, does not constitute legal advice and contains no promise concerning the outcome of any procedure.

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