Terminated Company

A terminated company is a business entity that legally no longer exists because its operations have been fully discontinued and its register file has been officially closed or the company has been removed from the commercial register. This typically occurs after liquidation is completed or the company is dissolved through insolvency, and it is usually marked in official records as deleted, dissolved, or closed. Once terminated, the company no longer carries rights or obligations as a legal entity and is not considered an active business.

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