The company's failure to cancel the registration mainly has the following effects on shareholders: if the company fails to cancel the registration according to law, causing losses to the company or creditors, shareholders, as liquidation obligors, should bear the liability for compensation. After the company is cancelled according to law, it can be eliminated in the legal sense, and the shareholders who are responsible for liquidation can be exempted from relevant legal responsibilities.
Legal objectivity:
Company Law of the People's Republic of China
essay
The company is an enterprise legal person, with independent legal person property and legal person property rights. The company is liable for its debts with all its property. Shareholders of a limited liability company shall be liable to the company to the extent of their subscribed capital contribution;
Shareholders of a joint stock limited company shall be liable to the company to the extent of the shares subscribed by them.
Company Law of the People's Republic of China
Article 4
Shareholders of a company shall enjoy the right to return on assets, participate in major decisions and choose managers according to law.
Company Law of the People's Republic of China
Article 20
Shareholders of the company shall abide by laws, administrative regulations and the articles of association, exercise their rights according to law, and shall not abuse their rights to harm the interests of the company or other shareholders;
The company's independent legal person status and the limited liability of shareholders shall not be abused to harm the interests of the company's creditors. Shareholders of a company who abuse their rights and cause losses to the company or other shareholders shall be liable for compensation according to law. Shareholders of a company who abuse the independent status of a company as a legal person and the limited liability of shareholders to evade debts and seriously damage the interests of creditors of the company shall be jointly and severally liable for the debts of the company.