On Disposition Of The Obligator's Qualification

First of all, a obligator must have qualification of civil subject. Acquisition or deprivation of he's (she's) qualification directly connects creditor's rights realization. Liquidation of corporation before the business corporation's corporate personality is terminated, is the last chance for creditor to use corporation legal system to acquire remedies. In our country, the main cause of business corporation's termination is the business corporation's being compulsorily dissolved, and being revoked the business license is the main cause of the business corporation's being compulsorily dissolved. In allusion to this objective fact, our country's regulations obviously lag. And some rules and regulations conflict indeed. There are many disputes in theory and much disunite in practice. All of these go terribly against the protection of the creditors of the business corporation. From the point of view of disposition of the obligator's qualification, and from the aspects of cause and consequence of being revoked business license, declaring revocation, liquidation and relative obligators, this thesis discusses how to protect the creditors' rights and interests after the business corporation having been revoked the business license.