This research studies the liquidator’s civil liability in the case of compulsory liquidation of a public limited company and the contracts which were concluded by the company before liquidation.

This study is important since it determines exclusively the cases of the liquidator civil liability as a result of the increased number of liquidations in the international trade system and its reflection on the economy of the developing countries. To fulfill the aims of the study, the research study is divided into three parts: the first part discusses and evaluates the preliminary liquidator’s authority and administration of said liquidation, while the second part defines the civil responsibilities of the liquidator in the case of compulsory liquidation towards the public company. The last and third part of the study discusses the liquidator's responsibility towards the contracts which were concluded and/or approved before the liquidation phase.