Current location - Recipe Complete Network - Catering franchise - The company is insolvent and no longer operates. Can it terminate the labor contract with its employees?
The company is insolvent and no longer operates. Can it terminate the labor contract with its employees?
The company is insolvent, unable to continue its business and unable to terminate the labor contract with its employees.

The dissolution of the labor contract should be understood in combination with the relevant provisions of the Company Law and the Labor Contract Law. In dealing with such problems in practice, we should pay attention to the connection and connection between laws. According to Chapter X "Dissolution and Liquidation of Companies" of the Company Law, if a company decides to dissolve, it shall be liquidated. After liquidation, it may apply for cancellation of company registration and declare the company terminated. During the liquidation period, the company has not been cancelled, and its subject qualification still exists. The dissolution of the company is a reason for the termination of the company and the labor contract, but the dissolution of the company is a process. Before the cancellation of the company, the company will carry out a series of activities and still need to retain some workers. Therefore, if the company decides to dissolve, if the company and the employee go through the termination procedures before the company cancels the registration, the labor contract will be terminated when the termination procedures are completed; If the labor contract is not dissolved, the labor contract will be terminated when the company cancels its registration.