Issued: June 12 2009
Main contents: Dishonest enterprises that satisfy the criteria for a bankruptcy liquidation petition but may evade their debts by way of bankruptcy shall still be admitted to the statutory bankruptcy liquidation procedure.
Supreme People's Court, Opinion on Several Issues Concerning Proper Trial of Enterprise Bankruptcy Cases to Safeguard the Order of the Market Economy and Provide Judicial Protection
最高人民法院关于正确审理企业破产案件为维护市场经济秩序提供司法保障若干问题的意见
Shareholders may be liable to discharge the company's debts.
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