Liquidation steps:
Due to the different nature of liquidation, different laws apply to company liquidation:
1. The liquidation of the company due to bankruptcy shall be governed by the Enterprise Bankruptcy Law and the Civil Procedure Law.
2. The Company Law and the Civil Procedure Law shall apply to the non-bankruptcy liquidation of the company (referring to the situation that the company is dissolved voluntarily and ordered to be dissolved according to law).
The liquidation of a company, regardless of its nature, shall be carried out according to the following steps:
1. Establish a liquidation group.
Second, carry out liquidation work.
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The liquidation group shall take over the company from the date of its establishment and carry out the following business:
1, take over the company property;
2. Ending the unfinished business of the company;
3. Collect creditor's rights and clear debts;
4. Distribution of surplus property;
5. Cancel the corporate status of the company and revoke its business license.
3. Notify creditors to declare their claims.
Fourth, put forward liquidation plan.
After clearing up the company's property, preparing the balance sheet and property list, the liquidation group intends to submit liquidation plan to the shareholders' meeting for discussion and approval or confirmation by the competent authority.
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