Abstract:
The aim of this essay is to clarify the legal framework of bank liquidation process, in case of bankruptcy judgment or withdrawal its accreditation by the banking
committee, where it is difficult in front of the absence of a private law relating to bank bankruptcy. That compels us to refer to the general provisions stipulated in Algerian Commercial Act, in order to extract from it the procedures of liquidation, related to commercial companies.
On the other hand, the bank is subject to the liquidation’s procedures stipulated in the Code of Money and Credit. This led to a duplicity in the bank liquidation procedures contained in Algerian legislation.