1. If the company is merged, all parties to the merger shall notify its creditors within 10 days from the date of the merger resolution, and make an announcement in the newspaper within 30 days; If the creditor fails to receive the notice within 30 days from the date of receiving the notice, it may require the company to pay off its debts or provide corresponding guarantees within 45 days from the date of announcement.
2. The company shall notify the creditors within 10 days from the date of making the resolution of separation, and make an announcement in the newspaper within 30 days.
3. The company shall notify the creditors within 30 days from the date of making the resolution to reduce the registered capital, and make an announcement in the newspaper within 30 days; Creditors have the right to require the company to pay off debts or provide corresponding guarantees within 30 days from the date of receiving the notice, or within 45 days from the date of announcement if they have not received the notice.
4. The liquidation group of the dissolution of the company shall notify the creditors within 10 days from the date of establishment and make an announcement in the newspaper within 60 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.
Legal basis: People's Republic of China (PRC) Company Law.
Article 173 When a company is merged, all parties to the merger shall sign a merger agreement and prepare a balance sheet and a list of assets. The company shall notify the creditors within 10 days from the date of making the merger resolution and make an announcement in the newspaper within 30 days. Creditors may, within 30 days from the date of receiving the notice, or within 45 days from the date of announcement if they have not received the notice, require the company to pay off debts or provide corresponding guarantees.
Article 175 When a company is divided, its property shall be divided accordingly. When the company is divided, it shall prepare a balance sheet and a list of assets. The company shall notify the creditors within 10 days from the date of making the resolution of separation, and make an announcement in the newspaper within 30 days.
Article 185 Paragraph 1 The liquidation group shall notify creditors within 10 days from the date of its establishment and make an announcement in a newspaper within 60 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.