On The Civil Liability Of Shareholders Flaw Funded

The type of the capital system of China’s "Company Law" is legal capitalsystem, which constructed on capital credit, so the company’s capital hasa crucial significance for the company. And the formation of the company’scapital funded activities occupies an important position as well. Defectivecapital contribution directly affect the results, thus jeopardizing thecompany’s capital credit basis, it should conduct strict regulation, butChina’s laws and regulations in this area still have loopholes and problems,this paper conduct detailed analysis of the civil liability for defectivecapital contribution, and advance related ideas.In the first part of the article, I explain the definition of"contribution", and discuss the concepts and the main type. Then, I summedup the meaning of the contribution to the company and shareholders, toillustrate the necessity of defects funded.The connotation and extension of defective capital contribution has beenidentified in the second part of the article. And the legal effect ofdefective capital contribution has been analyzed according tocomprehensive understanding of it.The third part is a detailed analysis of civil liability of defectivecapital contribution. As the defective capital contribution related to themulti-party responsibility, so I discussed it respectively with differentmain body, in order to have a more comprehensive understanding of the civilliability.In the fourth part, I analyze the problem of China’s "Company Law" ofdefective capital contribution regulatory, and two different ideas to solvethe problem, hoping it can provide a point of reference about consummationof the "Company Law".