What is the bankruptcy liquidation procedure of securities companies?

Legal analysis: first, set up a liquidation group; Second, take over the company; Third, clean up the company's property; 4. Take over the company's debts; (5) Establishing a clearing account; 6. Notify or announce creditors to declare their creditor's rights and register the creditor's rights; 7. Deal with the unfinished business of the company related to liquidation and recover the company's creditor's rights; Eight, participate in the company's litigation activities; 9. Handling the company's property; XI。 Formulate the liquidation plan; Twelve. Confirm and implement the liquidation plan; Fourteen, for cancellation of registration.

Legal basis: Civil Code of People's Republic of China (PRC).

Article 68 If a legal person completes liquidation and cancellation of registration according to law for one of the following reasons, it shall be terminated:

(1) The legal person is dissolved.

(2) The legal person is declared bankrupt;

(3) Other reasons prescribed by law.

Where laws and administrative regulations stipulate that the termination of a legal person shall be approved by the relevant authorities, such provisions shall prevail.

Article 70 Where a legal person is dissolved, except for merger or division, the liquidation obligor shall set up a liquidation group in time to carry out liquidation.

Directors of legal persons, directors of executive organs or decision-making bodies and other members are liquidation obligors. Where laws and administrative regulations provide otherwise, such provisions shall prevail.

If the liquidation obligor fails to perform the liquidation obligation in time and causes damage, it shall bear civil liability; The competent authority or interested party may apply to the people's court to appoint relevant personnel to form a liquidation group for liquidation.

Article 71 The liquidation procedures of legal persons and the functions and powers of the liquidation group shall be in accordance with the provisions of relevant laws; Where there are no provisions, the relevant provisions of the applicable company law shall be referred to.

Article 72 A legal person shall exist during the liquidation period, but shall not engage in activities unrelated to liquidation.

The remaining property of a legal person after liquidation shall be disposed of in accordance with the provisions of the articles of association of the legal person or the resolution of the authority of the legal person. Where there are other provisions in the law, those provisions shall prevail.

The legal person shall terminate when the liquidation is completed and the registration of the legal person is cancelled; If it is not necessary to register as a legal person according to law, the legal person shall be terminated at the end of liquidation.