Hangtianxin's bankruptcy liquidation and reorganization department held a study meeting on "Opinions on Promoting and Ensuring the Legal Performance of Managers in Bankruptcy Procedures and Further Optimizing the Business Environment"
Release Time:
2021-03-22
3 Month 19 Day, Hangzhou Tianxin Law Firm's Bankruptcy Liquidation and Reorganization Department held 2021 the first annual learning meeting. The theme of the meeting was to study the "Opinions on Promoting and Guaranteeing the Legal Performance of Managers in Bankruptcy Proceedings and Further Optimizing the Business Environment". Ms. Wang Hongyao, director of the Bankruptcy Liquidation and Reorganization Department, presided over the meeting. Mr. He Changming attended the meeting, and members of the Bankruptcy Liquidation and Reorganization Department also participated.

Ms. Wang introduced the background and purpose of the "Opinions on Promoting and Guaranteeing the Legal Performance of Managers in Bankruptcy Proceedings and Further Optimizing the Business Environment." These Opinions were jointly issued by thirteen departments: the National Development and Reform Commission, the Supreme People's Court, the Ministry of Finance, the Ministry of Human Resources and Social Security, the Ministry of Natural Resources, the Ministry of Housing and Urban-Rural Development, the People's Bank of China, the State-owned Assets Supervision and Administration Commission, the General Administration of Customs, the State Taxation Administration, the State Administration for Market Regulation, the China Banking and Insurance Regulatory Commission, and the China Securities Regulatory Commission.
The main content of the Opinions includes optimizing the registration system for bankruptcy enterprise cancellation and status changes, strengthening the participation and support of financial institutions in bankruptcy proceedings, facilitating the handling of tax-related matters for bankrupt enterprises, improving supporting mechanisms for asset disposal, and strengthening organizational and information support.
Ms. Wang pointed out that the Opinions center on guaranteeing the performance of managers' duties. In addition to establishing a relevant consultation mechanism between market regulatory departments and financial institutions, it also requires tax authorities and property rights registration management departments to optimize administrative approval procedures, providing convenience for managers in the legal performance of their duties in aspects such as tax-related matters and asset disposal in bankruptcy proceedings. Attending lawyers expressed their opinions on these Opinions.
Finally, Ms. Wang shared her views on the establishment of the Bankruptcy Liquidation and Reorganization Department and 2021 the annual work plan.
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