What is the operating status of the enterprise's closure?

Legal analysis: the conditions of "bankruptcy" should be: first, the enterprise should stop its business activities according to law; Second, the enterprise must reach a certain period when it has not carried out business activities or stopped business activities. Closure, that is, closure, refers to the closure of the company for some reason.

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

Article 1 This Law is formulated for the purpose of regulating the organization and behavior of companies, protecting the legitimate rights and interests of companies, shareholders and creditors, maintaining social and economic order and promoting the development of socialist market economy.

Article 2 The term "company" as mentioned in this Law refers to limited liability companies and joint stock limited companies established in China according to this Law.