The Revocation Of Corporation’s Establishment Registration

In recent years, in the course of its establishment, because the company sponsorsfraudulently registered capital, submit false material cheating the illegal activitiessuch as the company registration common occurrence, how to pass revoked companyflaws establishment registration, in order to prevent the company from the illegalactivities, and maintenance for faith benefit in damage to the interested party’slegitimate rights and interests, safeguard the order of the market trade safety, isChina’s legal system of company registration face major challenges. In our country,the revocation of corporation’s establishment registration has to be perfect place,correctly apply the revocation of corporation’s establishment registration, and need todefine the company registration administrative revocation and related definition of theconcept, deepening in the system function and recognition of the value of and mining.According to article199of the company law, the relevant provisions, falselyregistered capital, submit false documents or by other fraudulent means concealingimportant facts, if the circumstances are serious should be revoked the companyregistration of establishment. The company registration revoked, the companysponsors, investors and the applicant needs to bear the corresponding legalresponsibility, to company establishment and operation process of the creditor’s rightsand debts joint pay off. The company registration authority of the fault, and shall bearcorresponding responsibility, thus for interested parties to find relief way. But inrecent years the company has set up the trend of flaws, law on their role ofcontainment is limited. Therefore, it is necessary to perfect our country the revocationof corporation’s establishment registration from many angles. Because revokedcompany registration has retroactive and deny the company established effective legaleffect, induce concatenate debt liquidity crisis, so want to strictly limit the companyregistration at the discretion of the administrative revocation, careful with thecompany registration revoked system. Perfect establishment registrationadministrative revocation of remedial measures, and establish the companyregistration administrative revocation judicial surveillance program and strengthenthe company registration revoked the liability to pay compensation.