How long will it take for the company to go bankrupt and liquidate?

The bankruptcy liquidation of a company generally takes one year, and the specific time is determined according to the actual situation of the company. After the court declares the company bankrupt according to law, the administrator shall pay off the debts of the company and distribute the bankrupt property. After the bankruptcy proceedings are completed, the administrator shall cancel the registration with the original registration authority of the bankrupt within ten days.

legal ground

Article 111 of the Enterprise Bankruptcy Law of the People's Republic of China * * * The administrator shall promptly draw up a price change plan for the bankrupt property and submit it to the creditors' meeting for discussion. The administrator shall sell the bankrupt property in a timely manner according to the scheme of changing the price of the bankrupt property adopted by the creditors' meeting or ruled by the people's court in accordance with the first paragraph of Article 65 of this Law. Article 121 The administrator shall, within 10 days from the date of termination of bankruptcy proceedings, cancel the registration with the original registration authority of the bankrupt on the basis of the ruling of the people's court to terminate bankruptcy proceedings.