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Bankruptcy in the PRC

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This is an old revision of this page, as edited by 138.220.49.142 (talk) at 18:54, 26 June 2007 (Added to bankruptcy category). The present address (URL) is a permanent link to this revision, which may differ significantly from the current revision.

The Bankruptcy Code of PRC was adopted in 2006.8.27, and became effective since 2007.6.1

  • Chapter 8 reorganization
  • Chapter 9 Exemption
  • Chapter 10 liquidation

The code only applies to the mainland of China. In Hong Kong, Marco, and Taiwan, there are different laws.

The full text of the code (Mandarin) http://www.gov.cn/ziliao/flfg/2006-08/28/content_371296.htm

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