Study On Corporate Reorganization System

Corporate reorganization system is a comparatively mature system abroad, but our legislation is almost blank in this field. In the reorganization process of Zhengbaiwen Co.Ltd appear many disputes of the problems. The basic reason consists in the lack of laws. This paper bases on this to inquiry in to the value of the reorganization system exactly, and its original appearance in every specific link, and then give some advice on how to build this system, expecting there are some benefits for the perfection of our legislation.This paper follows the following way of thinking in the process of composition: First, the value of the reorganization, namely its importance is fixed (the first part), the purpose of the reorganization is to make company exsit and develop continuously, so as to protect the whole benefits of the society. The whole system is around this topic. The contents following just explore how to show the topic in special reorganization system., such as the ascertain of the applicants for reorganization, establishing the workers' application qualifications, enhancing the board director's duty; the ascertain of the standard of the reorganization, establishing" the finance is worsen, enough to influence company runs continuously" as the reorganization standard; the establishment of the organizations of the reorganization, expatiating the relative between the three organizations; the contents of the plan of reorganization, analyzing every kind of reorganization measures; and some rights that result in this procedure, such as the query of taking-back right, the science analysis of the involvement of public power.The arrangement for the order of the paper is accord to the sequence that the procedure of reorganization proceeds, namely the applicants put forward to the application for reorganization first(the second part), then the court decide to reorganization if the company attains the standard(the third part), then under the preside of the court establishes the organization of reorganization(the forth part). After that, the project must be established to ascertain the reorganization how to proceed(the fifth part). Finally, some effects that the procedure brings are discussed. Through this kind of arrangement, almost all important problems are involved.