What responsibilities do shareholders bear when the company goes bankrupt?

Legal analysis: after the bankruptcy of the company, the shareholders who have not actually contributed shall bear joint and several liability for the repayment of the company's debts, but the scope is the capital contribution subscribed by the shareholders. If shareholders do not actively perform their obligations, it will cause losses to the company's main property, account books and important documents. And it is impossible to liquidate the company. Shareholders should be jointly and severally liable for the debts of the company, but this liability depends on the creditor's rights.

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

Paragraph 3 of Article 20: If a company's shareholders abuse the independent status of the company as a legal person and the shareholders' limited liability to evade debts, which seriously damages the interests of the company's creditors, they shall be jointly and severally liable for the company's debts.

Article 20 Shareholders of a company shall abide by laws, administrative regulations and the articles of association, exercise their rights according to law, and shall not abuse their rights to harm the interests of the company or other shareholders; The company's independent legal person status and the limited liability of shareholders shall not be abused to harm the interests of the company's creditors. Shareholders of a company who abuse their rights and cause losses to the company or other shareholders shall be liable for compensation according to law. Shareholders of a company who abuse the independent status of a company as a legal person and the limited liability of shareholders to evade debts and seriously damage the interests of creditors of the company shall be jointly and severally liable for the debts of the company.

Article 159 of the Criminal Law of People's Republic of China (PRC) * * If the promoters and shareholders of a company violate the provisions of the company law, fail to deliver money, goods or transfer property rights, make false capital contributions, or withdraw their capital contributions after the establishment of the company, and the amount is huge, and the consequences are serious or there are other serious circumstances, they shall be sentenced to fixed-term imprisonment of not more than five years or criminal detention, and shall also, or shall only, be fined for making false capital contributions or withdrawing capital contributions of not less than 2% but not more than 10%. Where a unit commits the crime mentioned in the preceding paragraph, it shall be fined, and the persons who are directly in charge and other persons who are directly responsible shall be sentenced to fixed-term imprisonment of not more than five years or criminal detention.