Can the guarantee company cancel?

As a legal person enterprise, a guarantee company can apply for cancellation of registration after liquidation, and the legal person will terminate after the cancellation of the company. According to the provisions of the Civil Code, 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. According to the provisions of the Civil Code, as an enterprise legal person, a guarantee company is liquidated due to dissolution, bankruptcy or other reasons. After the liquidation procedure is completed, the guarantee company may cancel its registration with the approval of the people's court. After the cancellation of the company, the legal person terminates.

legal ground

Article 68 of the Civil Law of People's Republic of China (PRC) shall be terminated if liquidation and cancellation of registration are completed in accordance with the law for one of the following reasons: (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 69 of the Civil Code of People's Republic of China (PRC) shall be dissolved under any of the following circumstances: (1) The time limit stipulated in the articles of association of a legal person expires or other reasons for dissolution stipulated in the articles of association of a legal person arise; (2) The corporate body is dissolved by resolution; (3) It needs to be dissolved due to the merger or division of a legal person; (4) The legal person has its business license and registration certificate revoked according to law, and is ordered to close down or be revoked; (5) Other circumstances stipulated by law.