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Classification Of Company Liquidation

2011/1/19 14:22:00 30

Company Liquidation Category


1, general liquidation.

Refers to the composition of the company itself.

Liquidation

Group, in accordance with statutory procedures.

Liquidation


2, special liquidation.

It refers to the liquidation of the company in the course of ordinary liquidation, when there is a significant obstacle or if its liabilities exceed the actual assets, it is directly intervened and supervised by the courts and creditors in accordance with the law.


3, bankruptcy liquidation.

If a company is declared bankrupt after failing to repay its due debts, the liquidation team shall be organized by the court to clean up the company's assets.

Evaluation

Handling and distributing, and finally eliminating the liquidation of corporate legal person qualification.

In bankruptcy liquidation, the court and company creditors are directly involved in the liquidation of the company.

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