Legal analysis: Creditor's rights and debts when a company cancels can generally be transferred to other companies, but there may be some restrictions in some cases. A company can generally transfer its creditor's rights during its existence. However, if the company is on the verge of bankruptcy, and its creditor's rights transfer conditions are detrimental to the interests of the company's creditors within one year before the people's court accepts the bankruptcy application, the company may face the risk of being revoked. Within one year before the people's court accepts the bankruptcy application, if the conditions of creditor's rights transfer are detrimental to the interests of the company's creditors, the company may face the risk of being revoked.
Legal basis: Article 31 of the Enterprise Bankruptcy Law of the People's Republic of China. Within one year before the people's court accepts the bankruptcy application, the administrator has the right to request the people's court to cancel the following acts involving the debtor's property: (1) transfer the property without compensation; (2) Trading at an obviously unreasonable price; (3) Providing property guarantee for debts without property guarantee; (four) to pay off the outstanding debts in advance; (5) Abandoning creditor's rights.