legal ground
Article 185 of the Company Law of People's Republic of China (PRC) * * * The liquidation group shall notify the creditors within ten days from the date of its establishment and make an announcement in the newspaper within sixty 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.