1 thought on “How to enter the bankruptcy liquidation program”
Eva
Legal analysis: The way to enter the bankruptcy liquidation procedure is: 1. The application for bankruptcy to apply for bankruptcy from the court to the court by the creditors or the debtor; After the company entered the bankruptcy process, the clearing group was established within 15 days from the date of declaration of the people’s court; and so on. The legal basis: Article 7 of the 7th debtors of the “Enterprise of the People’s Republic of China” have the situation stipulated in Article 2 of this law, and may submit an application for reorganization, reconciliation or bankruptcy liquidation to the people’s court. The debtor cannot settle the debt due, and the creditors can apply to the people’s court to apply for reorganization or bankruptcy liquidation to the people’s court. If the corporate legal person has been dissolved but has not been liquidated, or the assets are not enough to settle the debt, those who have liability for liability in accordance with the law shall apply to the people’s court for bankruptcy liquidation.
Legal analysis: The way to enter the bankruptcy liquidation procedure is: 1. The application for bankruptcy to apply for bankruptcy from the court to the court by the creditors or the debtor; After the company entered the bankruptcy process, the clearing group was established within 15 days from the date of declaration of the people’s court; and so on.
The legal basis: Article 7 of the 7th debtors of the “Enterprise of the People’s Republic of China” have the situation stipulated in Article 2 of this law, and may submit an application for reorganization, reconciliation or bankruptcy liquidation to the people’s court. The debtor cannot settle the debt due, and the creditors can apply to the people’s court to apply for reorganization or bankruptcy liquidation to the people’s court. If the corporate legal person has been dissolved but has not been liquidated, or the assets are not enough to settle the debt, those who have liability for liability in accordance with the law shall apply to the people’s court for bankruptcy liquidation.