After a limited company files for bankruptcy, it needs to repay its debts. After paying off the bankruptcy expenses and * * * beneficiary debts first, the wages, medical care, disability allowance and pension expenses owed by the bankrupt to the employees, the basic old-age insurance and basic medical insurance expenses owed to the employees' personal accounts, the compensation that should be paid to the employees according to laws and administrative regulations, the social insurance expenses owed by the bankrupt except the provisions of the preceding paragraph and the taxes owed by the bankrupt.
Second, analysis
A limited liability company refers to an economic organization registered in accordance with relevant regulations with less than 50 shareholders. Each shareholder shall bear limited liability to the company to the extent of the subscribed capital contribution, and the company as a legal person shall bear full liability for the company's debts with all its assets.
What's the difference between a joint stock limited company and a limited liability company?
As for the different number of shareholders, 1 shareholder and 50 shareholders jointly contribute to establish a limited liability company, that is, there is a maximum amount limit on the number of shareholders. A joint stock limited company shall be established by two or more promoters, but the number of promoters shall not exceed 200, and more than half of the promoters must have domicile in China. There is no upper limit on the number of shareholders. The difference between assuming debts is that the shareholders of a limited liability company are liable to the company to the extent of their capital contribution. The liability of shareholders of a joint stock limited company to the company is limited to the shares they hold.