破产法 英.docx
- 文档编号:10859837
- 上传时间:2023-02-23
- 格式:DOCX
- 页数:36
- 大小:31.01KB
破产法 英.docx
《破产法 英.docx》由会员分享,可在线阅读,更多相关《破产法 英.docx(36页珍藏版)》请在冰豆网上搜索。
破产法英
EnterpriseBankruptcyLawofthePeople'sRepublicofChina
(Adoptedatthe23rdMeetingoftheStandingCommitteeoftheTenthNationalPeople'sCongressonAugust27,2006)
Contents
ChapterIGeneralProvisions
ChapterIIApplicationandAcceptance
Section1Application
Section2Acceptance
ChapterIIIAdministrator
ChapterIVADebtor'sProperty
ChapterVExpensesforBankruptcyProceedingsandDebtsIncurredfortheCommonGoodofCreditors
ChapterVIDeclarationofClaims
ChapterVIICreditors'Meeting
Section1GeneralProvisions
Section2TheCreditors'Committee
ChapterVIIIReorganization
Section1ApplicationforandPeriodofReorganization
Section2FormulationofandApprovalforaReorganizationPlan
Section3ImplementationofaReorganizationPlan
ChapterIXCompromise
ChapterXBankruptcyLiquidation
Section1BankruptcyDeclaration
Section2RealizationandDistribution
Section3TerminationoftheProcedureforBankruptcy
ChapterXILegalLiability
ChapterXIISupplementaryProvisions
ChapterI
GeneralProvisions
Article1ThisLawisenactedwithaviewtoregulatingtheprocedureforenterprisebankruptcy,fairlysettlingclaimsanddebts,safeguardingthelawfulrightsandinterestsofcreditorsanddebtors,andmaintainingtheorderofthesocialistmarketeconomy.
Article2Whereanenterpriselegalpersoncannotpayoffhisdebtsdueandhisassetsarenotenoughforpayingoffallthedebts,orheapparentlylackstheabilitytopayoffhisdebts,thedebtsshallbeliquidatedaccordingtotheprovisionsofthisLaw.
Whereanenterpriselegalpersonisunderthecircumstancesasspecifiedintheprecedingparagraphorhehasapparentlyforfeitedtheabilitytopayoffhisdebts,hemayundergoreorganizationaccordingtotheprovisionsofthisLaw.
Article3Abankruptcycaseshallbeunderthejurisdictionofthepeople'scourtattheplacewherethedebtorresides.
Article4WheretherearenoprovisionsinthisLawtogoverntheprocedureforhearingabankruptcycase,therelevantprovisionsoftheCivilProcedureLawshallbeapplicable.
Article5OncetheprocedureforbankruptcyareinitiatedaccordingtothisLaw,itshallcomeintoeffectinrespectofthedebtor'spropertyoutsideoftheterritoryofthePeople'sRepublicofChina.
Wherealegallyeffectivejudgmentorrulingmadeonabankruptcycasebyacourtofanothercountryinvolvesadebtor'spropertywithintheterritoryofthePeople'sRepublicofChinaandthesaidcourtapplieswithorrequeststhepeople'scourttorecognizeandenforceit,thepeople'scourtshall,accordingtotherelevantinternationaltreatiesthatChinahasconcludedoraccededtooronthebasisoftheprincipleofreciprocity,conductexaminationthereofand,whenbelievingthatthesaidjudgmentorrulingdoesnotviolatethebasicprinciplesofthelawsofthePeople'sRepublicofChina,doesnotjeopardizethesovereigntyandsecurityoftheStateorpublicinterests,doesnotunderminethelegitimaterightsandinterestsofthecreditorswithintheterritoryofthePeople'sRepublicofChina,decidetorecognizeandenforcethejudgementorruling.
Article6Whentryingabankruptcycase,thepeople'scourtshall,inaccordancewithlaw,guaranteethelegitimaterightsandinterestsoftheemployeesoftheenterpriseandinvestigatethebusinessmanagersofthebankruptcyenterprisefortheirlegalliabilities.
ChapterII
ApplicationandAcceptance
Section1Application
Article7WhereadebtorisunderthecircumstancesasspecifiedinArticle2ofthisLaw,hemaymakeanapplicationtothepeople'scourtforreorganization,compromiseorbankruptcyliquidation.
Wherethedebtorcannotpayoffhisdebtsdue,thecreditormaymakeanapplicationtothepeople'scourtforthedebtor'sreorganizationorbankruptcyliquidation.
Whereanenterpriselegalpersonhasbeendissolvedbuthasnotstartedorcompletedliquidationandhedoesnothaveenoughassetstopayoffhisdebts,thepersonresponsibleforliquidationaccordingtolawshallmakeanapplicationtothepeople'scourtforbankruptcyliquidation.
Article8Forapplyingtoapeople'scourtforbankruptcy,anApplicationforBankruptcyandtherelatedevidenceshallbesubmittedtoit.
ThefollowingmattersshallclearlybestatedintheApplicationforBankruptcy:
(1)abasicintroductiontotheapplicantandthedefendingpartyoftheapplication;
(2)purposesofapplication;
(3)factsandgroundsoftheapplication;and
(4)othermattersthatthepeople'scourtdeemsnecessarytostate.
Whereadebtormakesanapplication,heshallsubmittothepeople'scourtstatementsonhisfinancialposition,acompletelistofhisdebts,acompletelistofhisclaims,therelatedfinancialstatements,aplanforemployeearrangementsandpaymentofhisemployees'wagesandsocialinsurancepremiums.
Article9Beforethepeople'scourtacceptsanapplicationforbankruptcy,theapplicantmayrequestforwithdrawaloftheapplication.
Section2Acceptance
Article10Whereacreditormakesanapplicationforbankruptcy,thepeople'scourtshall,withinfivedaysfromthedateitreceivestheapplication,notifythedebtorconcerned.Wherethedebtorhasobjectionstotheapplication,heshallputforwardhisobjectionstothepeople'scourtwithinsevendaysfromthedatehereceivesnotificationfromthepeople'scourt.Thepeople'scourtshalldecidewhetherornottoacceptthecasewithin10daysattheexpirationoftheperiodforraisingobjections.
Exceptforthecircumstancesasspecifiedintheprecedingparagraph,thepeople'scourtshalldecidewhetherornottoacceptanapplicationforbankruptcywithin15daysfromthedateitreceivestheapplication.
Underspecialcircumstanceswherethetimelimitfordecidingwhethertoacceptacase,asspecifiedintheprecedingtwoparagraphs,needstobeextended,itmaybeextendedforanother15daysuponapprovalbythepeople'scourtatthenexthigherlevel.
Article11Wherethepeople'scourtdecidestoacceptanapplicationforbankruptcy,itshallservesuchdecisionontheapplicantwithinfivedaysfromthedateitmakesthedecision.
Wheretheapplicationismadebyacreditor,thepeople'scourtshallserveitsdecisiononthedebtorwithinfivedaysfromthedateitmakesthedecision.Thedebtorshall,within15daysfromthedatethedecisionisserved,submittothepeople'scourtstatementsonhisfinancialposition,acompletelistofhisdebts,acompletelistofhisclaims,therelatedfinancialstatementsandpaymentofhisemployees'wagesandsocialinsurancepremiums.
Article12Wherethepeople'scourtdecidesnottoacceptanapplicationforbankruptcy,itshallservethedecisionontheapplicantwithinfivedaysfromthedateitmakesthedecisionandexplainthereasonswhy.Wheretheapplicantisdissatisfiedwiththedecision,hemay,within10daysfromthedatethedecisionisserved,fileanappealwiththepeople'scourtatthenexthigherlevel.
Whereduringtheperiodfromacceptanceofanapplicationforbankruptcytodeclarationofbankruptcy,thepeople'scourtfindsthroughexaminationthatthedebtorisnotunderthecircumstancesasspecifiedinArticle2ofthisLaw,itmaydecidetorejecttheapplication.Wheretheapplicantisdissatisfiedwiththedecision,hemay,within10daysfromthedatethedecisionisserved,fileanappealwiththepeople'scourtatthenexthigherlevel.
Article13Whenthepeople'scourtdecidestoacceptanapplicationforbankruptcy,itshalldesignateanadministratoratthesametime.
Article14Thepeople'scourtshall,within25daysfromthedateitdecidestoacceptanapplicationforbankruptcy,itshallnotifythecreditorsalreadyknownandannounceitsdecision.
Thefollowingmattersshallclearlybestatedinthenotificationandannouncement:
(1)titlesornamesoftheapplicantandthedefendingpartyoftheapplication;
(2)thetimewhenthepeople'scourtacceptstheapplicationforbankruptcy;
(3)period,placeandpointsforattentionwithrespecttodeclarationofclaims;
(4)titleornameoftheadministratorandtheofficeaddress;
(5)demandmadebytheadministratoruponthedebtorsorpropertyholdersofthedebtorforpayingoffthedebtsordeliveringtheproperty;
(6)thetimeandplaceforthefirstcreditors'meetingtobeheld;and
(7)othermattersthatthepeople'scourtdeemsitnecessarytonotifyofandannounce.
Article15Duringtheperiodfromthedatewhenthedecisionmadebythepeople'scourttoacceptanapplicationforbankruptcyisservedonthedebtortothedatewhentheprocedureforbankruptcyisconcluded,thepersonsrelatedtothedebtorshallfulfillthefollowingobligations:
(1)properlypreservingtheproperty,seals,accountbooks,documents,etc.whichareintheirpossessionandundertheirmanagement;
(2)proceedingwiththeworkaccordingtotherequirementsofthepeople'scourtandtheadministrator,andtruthfullyansweringtheirinquiries;
(3)attendingthecreditors'meetingsasnon-votingparticipantsandtruthfullyansweringthecreditors'inquiries;
(4)remainingattheirdomiciles,unlessotherwisepermittedbythepeople'scourt;and
(5)nottakingupanypostasdirector,supervisororseniormanagerinanyotherenterprise.
Thepersonsrelatedtothedebtormentionedintheprecedingparagraphincludethelegalrepresentativeofanenterprise,whichmay,upondecisionbythepeople'scourt,alsoincludethefinancialmanagersandbusinessmanagersoftheenterprise.
Article16Afterthepeople'scourtacceptsanapplicationforbankruptcy,paymentofdebtsmade
- 配套讲稿:
如PPT文件的首页显示word图标,表示该PPT已包含配套word讲稿。双击word图标可打开word文档。
- 特殊限制:
部分文档作品中含有的国旗、国徽等图片,仅作为作品整体效果示例展示,禁止商用。设计者仅对作品中独创性部分享有著作权。
- 关 键 词:
- 破产法 破产