How does the composition of the bankruptcy liquidation group come into being?

Legal analysis: 1. The enterprise is established after it is seriously insolvent and enters bankruptcy proceedings; The liquidation organization of a non-bankrupt enterprise is established on the premise that the enterprise has the reasons for dissolution stipulated in the articles of association and the assets of the enterprise are sufficient to pay off the debts. Of course, if through the liquidation procedure, it is found that the enterprise is actually insolvent, the enterprise can declare to enter the bankruptcy liquidation procedure and re-establish the liquidation organization.

2. The liquidation group of bankrupt enterprises is organized and established by the people's court; The liquidation organization of a non-bankrupt enterprise is organized and established by investors, shareholders or the superior competent department of the enterprise, and is generally carried out by internal institutions of the enterprise or entrusted intermediary accounting firms. Liquidators cooperate with each other because of their business relationship, and their characteristics as independent institutions are not as obvious as the liquidation group of bankrupt enterprises.

Legal basis: People's Republic of China (PRC) Company Law.

Article 180 The company is dissolved for the following reasons:

(1) The business term stipulated in the articles of association expires or other reasons for dissolution stipulated in the articles of association occur;

(2) The shareholders' meeting or shareholders' meeting decides to dissolve;

(3) The company needs to be dissolved due to merger or division;

(4) The business license is revoked, ordered to close or revoked according to law;

(5) The people's court shall be dissolved in accordance with the provisions of Article 182 of this Law.

Article 183 Where a company is dissolved due to the provisions of Item (1), Item (2), Item (4) and Item (5) of Article 180 of this Law, a liquidation group shall be established within 15 days from the date when the reasons for dissolution appear to start liquidation. The liquidation group of a limited liability company is composed of shareholders, and the liquidation group of a joint stock limited company is composed of directors or personnel determined by the shareholders' meeting. If a liquidation group is not established for liquidation within the time limit, the creditor may apply to the people's court to appoint relevant personnel to form a liquidation group for liquidation. The people's court shall accept the application and promptly organize a liquidation group to carry out liquidation.