Who is the successor of rights and obligations after the cancellation of the company?

Transfer creditor's rights to shareholders before the cancellation of the company. After the company enters the liquidation stage, its legal person status still exists. As long as this transfer does not conflict with the restrictions on the company's behavior in the liquidation stage, the rights can be transferred. The creditor may transfer all or part of its rights under this contract to a third party, but it must notify the debtor, and at the same time, the assignee obtains the subordinate rights related to the creditor's rights. This provides a legal basis for the original shareholders to obtain the company's creditor's rights.

Legal basis:

Company Law of the People's Republic of China

Article 184 During the liquidation period, the liquidation group shall exercise the following functions and powers:

(1) Clean up the company's assets and prepare a balance sheet and a list of assets respectively;

(2) Notify and announce creditors.

(3) Handling the unfinished business of the company related to liquidation;

(four) to pay the taxes owed and the taxes generated in the liquidation process;

(5) Clearing up creditor's rights and debts;

(6) Disposing of the company's remaining property after paying off debts;

(seven) to participate in civil litigation activities on behalf of the company.

Article 185 The liquidation group shall notify creditors within 10 days from the date of its establishment and make an announcement in a newspaper within 60 days. Creditors shall, within 30 days from the date of receiving the notice, and within 45 days from the date of announcement if they have not received the notice, declare their claims to the liquidation group.

When a creditor declares its creditor's rights, it shall explain the relevant matters of the creditor's rights and provide supporting materials. The liquidation group shall register the creditor's rights.

During the declaration of creditor's rights, the liquidation group shall not pay off the creditors.