Causas para la liquidación de Seguros Sucre S.A. de Ecuador al evaluar los periodos diciembre 2016-2020-2021.

Abstract

This research was developed with the objective of analyzing the causes of the liquidation of Seguros Sucre S.A. of Ecuador when evaluating the periods 2016, 2020 and 2021, for this, a literature review was developed regarding the theories and legal aspects related to the liquidation of companies, at this point the content of the Insurance Law, the Companies Law, the Commercial Code and the regulations that give legal basis on the exercise of the liquidation process of the companies was evaluated. On the other hand, the methodology used to determine the causes for the liquidation of the companies was defined, within this a type of documentary research is specified, since the data collection is developed specifically on the written information provided by the control agencies. On the other hand, the use of a check list was proposed through which each one of the causes for dissolution determined by the Companies Law is evidenced. The results indicate that Seguros Sucre failed to comply with the law, its bylaws, regulations, resolutions and other regulations issued by the Monetary and Financial Policy and Regulation Board or the Superintendency of Companies, Securities and Insurance. In addition, the company obtained losses reaching 60% or more of the subscribed capital and total reserves. It is for this reason that a proposal was developed to know the responsibilities of those involved in the liquidation process, as well as those of the control agencies for the correct execution of the closing of the company.