What is corporate deadlock?

Legal analysis: It refers to the intensification of the contradiction between shareholders and directors, which leads to the deadlock in the existence and operation of the company, which leads to the inability of the shareholders' meeting, the board of directors and other company organs to make decisions according to legal procedures, thus making the company unable to operate normally or even paralyzed.

Legal basis: Article 23 of the Company Law of People's Republic of China (PRC) shall meet the following conditions for establishing a limited liability company:

(1) Shareholders meet the quorum;

(2) The capital contribution subscribed by all shareholders in accordance with the Articles of Association;

(3) Shareholders * * * agree to formulate the Articles of Association;

(4) Having a company name and establishing an organization meeting the requirements of a limited liability company;

(5) Having a company domicile.