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MERICAN Journal of Public Diplomacy and International Studies



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MERICAN Journal of Public Diplomacy and International Studies
www.
 grnjournal.us 
 
In our opinion, the separation of legal entities, as well as other methods of reorganization, can be 
carried out by state bodies and the court in accordance with the decision of the founders or 
bodies of the legal entity provided for in the Constituent Documents, or in cases provided for by 
law. 
Usually, the reasons for which "being" is carried out are not required. However, being a legal 
entity in order to expand its activities and avoid large taxes, as well as as a result of the mutual 
distribution of the property of a legal entity between participants and founders is becoming an 
increasingly common practice. At this point, J. Yuldashev's thoughts are much more relevant. In 
his opinion, this form of reorganization arises in order to reorient business in a difficult financial 
and economic situation, avoid large tax payments and large risks, as well as conduct their 
business activities in various fields [5]. 
In addition to these considerations, bankruptcy is a kind of way of abolishing a legal entity by 
liquidating an economically disadvantaged enterprise, in which the bankruptcy case is 
considered by the court regardless of whether the legal entity wants to continue its activities or 
not. Such a procedure does not catch the eye with other methods of liquidation of a legal entity 
(if a violation of the law has no basis in the organization and activities of a legal entity). 
The issues of liquidation of legal entities by bankruptcy require in-depth study as a subject of 
separate scientific research. And even due to the fact that the subject of this research work is 
devoted to the methods of liquidation of legal entities and civil law problems of their application, 
we found it necessary to pay attention only to the stages of applying the bankruptcy procedure in 
court. 
With a claim for bankruptcy of a legal entity, the economic court has the right to appeal to the 
debtor, the creditor and the prosecutor, the state tax service and other competent authorities. In 
addition, the debtor himself can also apply to the economic court with a petition for declaring 
himself bankrupt if there are grounds established by law. 
From this case, we can conclude that bankruptcy is not only a way to abolish legal entities, but 
also to allow legal entities to get out of the current situation when they are economically 
disadvantaged and insolvent, and to control their activities in this regard. Bankruptcy is a type of 
legal relationship that consists not only of material and legal relations, but also of procedural 
legal relations. In the end, in every action that is carried out when applying the bankruptcy 
procedure, the norms of substantive and procedural law are applied on the basis of continuity. 
The importance of the abolition of legal entities in court lies in the fact that in this case the court 
will lead to the termination of the activity of the legal entity as a subject of law through the 
compulsory function of the state when it violates the rights and interests of other persons in the 
exercise of its activities. activity. The State, on the other hand, ensures the implementation of the 
control function directly in the interests of society and the people, while the mandatory abolition 
of a legal entity is constantly carried out in the direction of achieving this goal. 

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