Cooperative termination of liquidation agreement

Legal analysis: cooperative termination liquidation agreement refers to the agreement signed by both parties to eliminate the rights and obligations between the parties to the contract and terminate the legal effect of the contract due to legal provisions or circumstances agreed by the parties.

Legal basis: Article 59 of People's Republic of China (PRC) Partnership Enterprise Law is dissolved, and the liquidator is all partners; If all partners are unable to act as liquidators, with the consent of more than half of all partners, one or more partners may be appointed within 15 days after the dissolution of the partnership, or a third person may be entrusted as liquidators.

If the liquidator is not determined within fifteen days, the partners or other interested parties may apply to the people's court for the appointment of the liquidator.