Abstract: Bankruptcy application is a start of bankruptcy procedure. In our country the current bankrupt law defines only bankruptcy party concerned of the case (the creditor and debtors) possess bankruptcy application power. But in fact this kind of bankrupt system contains very big blemish, results in bankruptcy cheat, creditor benefits lost, state owned capital lost and so on. So based on situation of our country, this text puts forward opinions and suggestions to our country’ bankruptcy by drawing lessons from bankruptcy lawmaking examples in other countries.
Publication Year: 2006
Publication Date: 2006-01-01
Language: en
Type: article
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