Legal analysis: 1. Where a company that has entered the bankruptcy liquidation procedure has suffered serious losses and cannot pay off its debts due, its creditors or debtors shall file a bankruptcy application with the court where the company is located; The people's court ruled that the enterprise was declared bankrupt according to law, and the enterprise officially entered the bankruptcy procedure. 2. Establish a liquidation group. After the enterprise enters bankruptcy proceedings, the people's court shall set up a liquidation group within 05 days from the date of announcement. The liquidation group is appointed by the people's court and the people's government at the same level, and is composed of lawyers, accountants and other professionals. 3. Full takeover of bankrupt enterprises. After the liquidation group is formally established and stationed in the bankrupt enterprise, the liquidation group will formally replace the bankrupt enterprise to operate in its own name and take over the bankrupt enterprise. 4. Financial audit of bankrupt enterprises, auditing the financial affairs of bankrupt enterprises: basic information of bankrupt enterprises, such as company registration, proportion of shareholders and equity, registered capital of bankrupt enterprises and the situation in place; Financial management of bankrupt enterprises: the situation and changes of financial personnel in bankrupt enterprises, the preservation of financial vouchers, account books and accounting records, financial examination and approval, such as the person in charge and expenditure procedures, and the authenticity and integrity of financial account books and original vouchers. 5. The liquidation and liquidation of bankrupt property and the liquidation of bankrupt enterprise property mainly refer to the activities of the liquidation group to define and register the ownership, scope and classification of bankrupt enterprise property. 6. Formulate the bankruptcy property distribution plan, and the liquidation group shall propose the bankruptcy property distribution plan; After the bankruptcy property distribution plan is discussed and approved by the creditors' meeting, it shall be submitted to the court for ruling before implementation; The liquidation group shall make a distribution table within three days after the bankruptcy property distribution plan is confirmed by the court; The liquidation group shall implement the distribution plan and notify the creditors to collect the property within a time limit. If it is not collected within the time limit, it can be deposited. Extra allocation. 7. Make bankruptcy liquidation report, make bankruptcy liquidation report and submit it to creditors' meeting and court. The contents of the bankruptcy liquidation report include: establishing a bankruptcy liquidation group; The main liquidation work completed by the liquidation group; The trend and recovery of bulk funds in bankrupt enterprises: on-the-job audit of legal representatives and managers of bankrupt enterprises; Cause analysis of enterprise bankruptcy; Problems that need to be studied, perfected and solved in bankruptcy liquidation cases. 8. Cancel the registration of the original bankrupt enterprise, request the court to terminate the bankruptcy procedure, and the liquidation group will formally cancel it. Bankruptcy liquidation procedures of bankrupt enterprises have officially ended.
Legal basis: Article 8 of the Enterprise Bankruptcy Law of the People's Republic of China shall submit a bankruptcy application and relevant evidence to the people's court.
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.