On The Supervision Mechanism Of Bankruptcy Managers

The enterprise bankruptcy law on June 1, 2007 formally implemented, insolvency administrator of the judicial supervision system after nearly eight years of practice, showing our bankruptcy legislation gradually with the world trend and has made significant progress.Bankruptcy has its fixed process, in which the bankruptcy administrator is very important. After the enterprise bankruptcy, insolvency administrator is responsible for the bankruptcy property custody, clean-up, valuation, processing and distribution.so to speak, he is my dedicated and responsible for their work, decided the creditor, the debtor and the legitimate rights and interests of the third party can save his own skin. So carry on the reasonable supervision is the key to the bankruptcy process can go smoothly.This paper reference province cotton group company bankruptcy, through the analysis of the case study, comparing domestic and foreign relevant laws and regulations, found the case in the whole process of law is not reasonable,By comparing foreign insolvency administrator oversight system reference Suggestions of perfecting our country’s bankruptcy administrator supervision mechanism is put forward.Including perfecting the insolvency administrator of the duty of care, improve the creditors’ meeting, to expand the creditors’ committee to supervise the supervision, the nature of the administrative institution administration supervision mechanism, establish a unified bankruptcy administrator guild.