What is the process of dissolution and liquidation of the company?

Legal analysis: (1) The liquidation group was established and prepared. Where the company is dissolved and liquidated, the liquidation group shall file the names of the members of the liquidation group and the person in charge of the liquidation group with the company registration authority within 10 days from the date of establishment. The following materials shall be submitted for filing: Application Form for Company Filing signed by the person in charge of the liquidation group of the company; Basic information of the personnel of the liquidation group; Power of attorney signed by the company; Resolution of the shareholders' meeting on the establishment of the liquidation group; Copy of the Company's Business License for Enterprise as a Legal Person. (2) Notice and announcement to creditors. The liquidation group shall notify creditors within 65 days from the date of its establishment and make an announcement in the newspaper within 60 days. The contents of the notice and announcement shall include the company name, domicile, legal representative, registration number, reasons for cancellation, commencement date of liquidation, personnel and work address of the liquidation team, time limit, place and matters needing attention for reporting creditor's rights, etc. (3) To declare and register the creditor's rights, the creditor shall declare the creditor's rights to the liquidation group within 30 days from the date of receiving the notice, or within 45 days from the date of announcement if the creditor has not received the notice. When a creditor declares its creditor's rights, it shall explain the relevant matters of the creditor's rights and provide supporting materials. The liquidation group shall register the creditor's rights. During the declaration of creditor's rights, the liquidation group shall not pay off the creditors. (4) Clean up the company's property, prepare the balance sheet and property list, formulate the liquidation plan, and report it to the shareholders' meeting or the court for confirmation. After clearing up the company's property, preparing the balance sheet and property list, the liquidation group shall formulate the liquidation plan and report it to the shareholders' meeting or the people's court for confirmation.

Legal basis: Enterprise Bankruptcy Law of the People's Republic of China.

Article 3 Bankruptcy cases shall be under the jurisdiction of the people's court of the debtor's domicile.

Article 4 The relevant provisions of the Civil Procedure Law shall apply to the trial procedures of bankruptcy cases that are not provided for in this Law.

Article 8 When filing a bankruptcy application with the people's court, the bankruptcy application and relevant evidence shall be submitted.

The bankruptcy application shall specify the following items:

(a) the basic information of the applicant and the respondent;

(2) the purpose of the application;

(three) the facts and reasons for the application;

(4) Other matters that the people's court deems necessary.

If the debtor applies, it shall also submit to the people's court a statement of property status, a list of debts, a list of creditor's rights, relevant financial and accounting reports, a plan for the placement of employees, the wages of employees and the payment of social insurance premiums.

Article 15 The relevant personnel of the debtor shall undertake the following obligations from the date when the ruling of the people's court accepting the bankruptcy application is served on the debtor to the date when the bankruptcy procedure ends:

(a) properly keep the property, seals, account books, documents and other materials in its possession and management;

(two) according to the requirements of the people's court and the administrator, truthfully answer the questions;

(3) Attend the creditors' meeting as nonvoting delegates and truthfully answer the creditors' inquiries;

(4) Not to leave the residence without the permission of the people's court.

(5) No new directors, supervisors or senior managers of other enterprises may be appointed.

The relevant personnel mentioned in the preceding paragraph refers to the legal representative of the enterprise; Upon the decision of the people's court, it may include financial management personnel and other management personnel of the enterprise.

Article 16 After the people's court accepts the bankruptcy application, the debtor's repayment of debts to individual creditors is invalid.

Article 30 The property belonging to the debtor when the bankruptcy application is accepted, and the property acquired by the debtor after the bankruptcy application is accepted and before the end of the bankruptcy procedure are all the property of the debtor.