Protection Of The Interests Of Creditors In The Non-bankruptcy Liquidation Of The Company

Clearing System,as the company’s last magic to protect the interests of creditorsduring exiting from the market, its importance is self-evident. In order to make creditorsgot maximum benefit and creditors can get fair treatment,it’s time to improve our clearingsystem. The existing legal regime on aspects of the company are also lacking as China’smarket economic system has just been established, it’s still under development. Theexisting legal regime for creditor protection is rough. It’s lack of maneuverability andsuability. The detriment of creditors common occurrences during the dissolution andnon-bankruptcy liquidation process. It has a very important practical significance to betterprotect the interests of creditors and to establish a more perfect system of the liquidation ofthe company in China.In this paper, we reveal the company’s non-bankruptcy liquidation ofthe significance of creditor protection with the basic theory of non-bankruptcy liquidationunder the premise of the company’s creditors and other related concepts. Secondly,introduct to the current non-bankruptcy liquidation of the company to protect the interestsof creditors of the system requirements in the round basic on the developments of theprotection to the interests of creditors. Finally, focuse on the problem of non-bankruptcyliquidation of our company and propose appropriate recommendations on the improvementof non-bankruptcy liquidation of the company to protect the interests of creditors in thesystem.