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2005•Journal of Anhui Textile Vocational Technical InstituteRequires access

On Pretection of Creditor Interests in “Company Law”

Wang Jua

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Abstract

Shareholders and creditors are the two closest interest groups with the company. The Company Law has adequate stipulations on rights and legal status of shareholders, whereas has few active and virtual means on protection for creditors. This paper deals with the current system on the creditors in Company Law in China, and puts forward some suggestions on the perfection of this system, proceeded from the necessity of the protection to the company’s creditors.

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What this paper is about

Shareholders and creditors are the two closest interest groups with the company. The Company Law has adequate stipulations on rights and legal status of shareholders, whereas has few active and virtual means on protection for creditors. This paper deals with the current system on the creditors in Company Law in China, and puts forward some suggestions on the perfection of this system, proceeded from the necessity of the protection to the company’s creditors.

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Available abstract

Shareholders and creditors are the two closest interest groups with the company. The Company Law has adequate stipulations on rights and legal status of shareholders, whereas has few active and virtual means on protection for creditors. This paper deals with the current system on the creditors in Company Law in China, and puts forward some suggestions on the perfection of this system, proceeded from the necessity of the protection to the company’s creditors.

Key concepts: Creditor, Shareholder, Perfection, Business, China, Corporate law, Companies Act, Law

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