On The Bankruptcy Application Obligation Of The Company Liquidation Group

When working on the company’s liquidation, the liquidation group enjoys uncontroverted disposition about a company’s assets. And, the liquidation group needs to bear the important responsibility particularly to keep the creditors’ interests, and to keep the assets of the company from suffering additional losses. Our country has the law responsibility and obligation of the liquidation group as follows:When dealing with the company’s assets, if finding a fact that the assets of the company are becoming worse and worse and not able to repay the debt, the liquidation should file for bankruptcy in a hurry time. It is the duty of legal regulation of the liquidation group. However, the laws are too simple in details, the corresponding penalties are very fuzzy, and the penalties are not enough, all of which are the current deficiency of the laws. As a matter of fact, this obligation of the liquidation group has enormous social and economic significance. For company, it is very useful to curb its assets loss situation, to increase the rational allocation and to decrease the waste of resources. For the creditors, it is very useful to maintain its deserved interests and to avoid the huge losses; For economy and society, it is very beneficial to keep the economic growth, and to keep the social stability. So, on how to establish and improve the system of the liquidation group’s bankruptcy filing obligation, this paper carries on the comprehensive discussion.On the basis of the integrated use of various analysis methods, this paper makes a thorough research on the topic of the liquidation group’s bankruptcy filing obligation. This paper is written according to such glues as:The first part is theoretical analysis about the company’s bankruptcy liquidation group obligations, introducing the connotation, occurrence and theoretical basis, to lay the foundations for the below formal study. The second part makes a legal analysis to the related content, mainly introduces the related laws about the company’s bankruptcy liquidation, and discusses the importance of timely filed for bankruptcy. The third part analyzes the obligations and responsibilities of the liquidation group when applying for bankruptcy, from all kinds of different laws; The fourth part put forward the suggestions to improve the liquidation group’s bankruptcy filing obligation.There is a big loophole concerning the liquidation group’s bankruptcy filing obligation in respect of laws, without clear legal rules in dealing with relevant problems. Once happened to such problems in actual economic life, we often fall into the lawless predicament. Based on this, this paper has launched a comprehensive and in-depth research on around the bankruptcy filing obligation of the liquidation group. Firstly, this paper makes a discussion from the theoretical basis, importance and the legal responsibility, then comes up with the advice to promote the present laws, expecting to promote the perfection of the liquidation group’s bankruptcy filing obligation in China.