Company Bankruptcy And Liquidation Legal System

Corporation liquidation is an important part of the corporation legal system. As the last period of the corporation's personality, liquidation legal system shoulders the task of protecting benefit balance of the interested party. avoiding the dissension because without benefit balance, and guaranteeing the social and economic order stability.generally, there are two kinds of corporation liquidation: bankruptcy liquidation and non-bankruptcy liquidation. The researching on the bankruptcy liquidation is very enough, but the researching on the non-bankruptcy liquidation is not so, and there are many problems in current laws and practices of our country. Therefore, it is very necessary to make some further researching about the law system of non-bankruptcy liquidation. This paper is trying to compare the difference of the system of non-bankruptcy liquidation between our country and foreign countries, find the flaw of our country and the advice of solution.