2024-01-02Accelerated Expiry of Shareholders’ Capital Contribution in China
(1) |
where the company is subject to an enforcement proceeding and the people's court has exhausted all enforcement measures and found no assets available for enforcement, and the company has met the conditions for bankruptcy but does not apply for bankruptcy. |
(2) |
after the debts of the company are incurred, the shareholders meeting resolves or otherwise extends the term of capital contribution of the shareholders. |