What about the original shares when the company goes bankrupt?

Although the economic development of our country is relatively fast, with the survival of the fittest, many companies have closed down, and our country's economy is still undergoing great transformation. What should we do with the original shares after the company's closure? Below, in order to help you better understand the relevant legal knowledge, lawyer Xu Lingyi has compiled the relevant contents, hoping to help you. What if the company goes bankrupt? First, the basic principle of equity: fixed share 1, option mode Stock option mode is the most classic and widely used equity incentive mode in the world. The main point of its content is that, with the approval of the shareholders' meeting, the company will reserve stock options for the issued and unlisted ordinary shares as part of the "package" reward, and conditionally grant or reward them to the company's senior managers and technical backbones at a predetermined option price. Holders of stock options can make choices such as exercising and cashing within the prescribed time limit. The design and implementation of stock option model requires that the company must be a public listed company, have a reasonable and legal stock source that can be used to implement stock options, and have a capital market carrier whose stock price can basically reflect the intrinsic value of stocks, with relatively standardized operation and good order. Lenovo Group and Founder Technology, which were successfully listed in Hong Kong, both implemented the stock option incentive model. 2. Restricted stock model Restricted stock refers to a certain number of shares of the company granted by a listed company to the incentive object according to predetermined conditions. Incentive objects can only sell restricted stocks and benefit from them if their working years or performance targets meet the conditions stipulated in the equity incentive plan. 3. stock appreciation rights model 4. There are three employment principles in the virtual stock model: 1, untapped potential human resources 2, degree of information hiding in the work process 3, and whether there are special senior managers for human capital accumulation, which refer to those who are responsible for the company's decision-making and operation, including managers, deputy managers, financial leaders (or other personnel who perform the above duties), secretaries of the board of directors and other personnel stipulated in the company's articles of association. Second, how to deal with the company's closed equity? Where a listed company may be declared bankrupt due to bankruptcy cases accepted by the court and special treatment, the company's shares will be traded in the morning of each trading day. 1. Since the court issued an announcement accepting bankruptcy cases of listed companies, the Exchange has suspended stock trading of companies that have entered bankruptcy proceedings. 2. The company shall immediately report to the Exchange upon receipt of the relevant legal documents of the court, and make an announcement after examination by the Exchange. On the first trading day after the announcement, the company's shares resumed trading and special treatment was implemented. 3. After a listed company enters bankruptcy proceedings, the company or other entities with information disclosure obligations shall report the creditor's rights declaration, creditors' meeting, reconciliation and rectification to the Exchange at the first time according to law, and make an announcement. On the day when the company published the above announcement, its shares were suspended for one day. 4. If a listed company reaches a settlement agreement with the creditors' meeting, and the debts can be paid off according to the settlement agreement, and the bankruptcy procedure is terminated by the court, the Exchange will suspend the stock trading of the company from the date of the court's announcement. A listed company shall report to this Exchange immediately after receiving the relevant legal documents, make an announcement after the examination by this Exchange, and announce the resumption of trading of the company's shares on the first trading day in the future. 5. If the court declares a listed company bankrupt according to law, the exchange will suspend the stock trading of the company from the date of the court announcement. After receiving the relevant legal documents, a listed company shall immediately report to this Exchange and make an announcement after being audited by this Exchange. The above contents are related answers. Since the court announced the acceptance of bankruptcy cases of listed companies, the Exchange has suspended the stock trading of companies entering bankruptcy proceedings. If a listed company may be declared bankrupt and be given special treatment, the company's shares will be traded in the morning of each trading day. If you have other legal questions, you can consult the relevant lawyers. Further reading: compensation standard for employees in the event of company closure. How to compensate for the old-age insurance in the event of company closure?